940 Mote Rd
Covington, GA 30016
-- Bed-- Bath- Sq Ft11 Days on Market
For Sale $215,000
Save
Courtesy of Virtual Properties Realty.com
Listing Agent & Comments
Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don't miss out on the chance to unlock the full potential of this property!
MLS# 10571552 • Data provided by GAMLS
Living Area | -- |
---|---|
Lot Size | 2.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1995 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $677 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$213,298
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and crime reports
New
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HouseCanary, Inc. Brokerage
940 Mote Rd., Covington, GA 30016
Multifamily-- Bed-- Bath- Sq Ft11 Days on Market
Listing Agent & Comments
Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don't miss out on the chance to unlock the full potential of this property!
MLS# 10571552 • Data provided by GAMLS
Living Area | -- |
---|---|
Lot Size | 2.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1995 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $677 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
This property is missing data for:
Comparable properties and crime reports
New
Do you own this home?
Access your homeowner dashboard
For Sale $215,000
Save
Courtesy of Virtual Properties Realty.com
940 Mote Rd
Covington, GA 30016
-- Bed-- Bath- Sq Ft11 Days on Market
Listing Agent & Comments
Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don't miss out on the chance to unlock the full potential of this property!
MLS# 10571552 • Data provided by GAMLS
Living Area | -- |
---|---|
Lot Size | 2.5 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1995 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $677 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$213,298
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and crime reports
New
Do you own this home?
Access your homeowner dashboard
For Sale $215,000
Save
Courtesy of Virtual Properties Realty.com