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Property Overview:
Welcome to this investment opportunity in charming Covington, Tennessee! This 3-bedroom, 1.5-bathroom home spans 1,310 square feet, offering the potential for a lucrative fix-and-flip project or a long-term rental investment. While this property holds great potential, it requires some TLC and updates to maximize its value.
Interior Features:
Inside the home, you'll find some recent improvements such as fresh paint, but it's evident that further updates are needed. The kitchen area has been partially closed off, providing an opportunity for creative storage solutions or modernization. While the interior has been maintained, it lacks significant upgrades in the past 3-5 years.
Additional Notes:
In 2021, a new fence and roof were installed, which can be considered a valuable asset for the property. These improvements may attract potential buyers or renters looking for a well-maintained exterior.
Investment Potential:
This property represents an excellent opportunity for investors willing to put in the necessary work to revitalize it. With the right updates and repairs, it has the potential to generate a profitable return on investment, either through a resale (fix-and-flip) or as a rental property in the Covington area.
Downtown Covington - A Quaint Southern Gem
Downtown Covington, Tennessee, is a charming and picturesque destination that captures the essence of Southern hospitality and small-town charm. Nestled in Tipton County, this historic downtown area offers a blend of rich history, vibrant culture, and modern conveniences.
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