Discover a timeless investment opportunity in the heart of Historic Covington. Comprising 11 turnkey residences across three all-brick buildings, this multifamily gem has been meticulously renovated between 2023 and 2025 and professionally managed with leases secured through 2026. Each 2- and 3-bedroom home blends classic Southern charm with modern convenience, featuring stainless steel kitchens, spa-inspired baths, and updated systems. The unit mix includes seven 2BR/1BA homes (˜ 950 sqft) and four 3BR/2BA homes (˜ 1,050 sqft), generating around $15,485 in scheduled monthly revenue. Residents enjoy walkable access to parks, dining, and downtown energy. Ideally located just a 4-minute walk to both Cricket Frog Trail and the City Park, and a 5-minute walk to Covington Square, famous for its film landmarks like The Vampire Diaries. A rare stabilized portfolio offering both immediate returns and long-term growth in Georgia’s beloved “Hollywood of the South.”
Active
$2,000,000
2133 Thompson Ave SE, Covington, GA 30014
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0baths
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Est.:
Other, Residential Income
Built in 1972
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$280,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 5 days |
- 73 |
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