Great duplex rental investment property that was recently renovated (Unit B). Over $50K of renovations! Such recent improvements include: A Brand New Roof, new exterior siding, gutters, LVP flooring, paint, granite countertops, painted and refinished cabinets, new appliances (dishwasher, gas range oven), patio rebuilt, light fixtures, as well as other renovations to make it turn key! Current long term tenant is paying undermarket rent at $650 a month. Come April, 2023 tenant's rent increases to $715 a month. Multiple prospective applicants have offered $1200 a month for Unit B. Both units have cozy fireplaces. Nice Schools nearby. NO HOA! Net Cap rate is ~7%!!!! Turnkey key for an investor or owner occupant. Property is SOLD AS IS with No Seller Disclosure forms. Listing Assistant has interest in subject property.
Closed
$280,000
35 Plum Orchard Rd, Covington, GA 30016
4beds
2baths
--sqft
Duplex, Residential Income
Built in 1984
-- sqft lot
$282,000 Zestimate®
$--/sqft
$1,585 Estimated rent
Home value
$282,000
$259,000 - $305,000
$1,585/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 12, 2023 at 08:06am
Listing Provided by:
Allen Steigman,
America Realty, LLC
Bought with:
Jingru Sui, 392936
Vistaray USA, Inc.
Source: FMLS GA,MLS#: 7176551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s)
Features
- Flooring: Laminate
- Windows: None
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Doors, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Closets
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: Rural, Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.69 Acres
- Features: Corner Lot
Details
- Parcel number: 0012B00000061000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- HardiPlank Type
- Roof: Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: None
Community
- Community features: None
Location
- Region: Covington
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2023 | Pending sale | $280,000 |
Source:  GAMLS #10132474 Report a problem | ||
| 4/6/2023 | Sold | $280,000 |
Source:  FMLS GA #7176551 Report a problem | ||
| 3/8/2023 | Pending sale | $280,000 |
Source: FMLS GA #7176551 Report a problem | ||
| 2/16/2023 | Listed for sale | $280,000+80.6% |
Source: FMLS GA #7176551 Report a problem | ||
| 1/3/2023 | Sold | $155,000-26.2% |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,823 +74.5% | $111,560 +78.8% |
| 2023 | $1,617 +22.3% | $62,400 +42.2% |
| 2022 | $1,322 +10.3% | $43,880 +15.5% |
Find assessor info on the county website
Neighborhood: 30016
Nearby schools
GreatSchools rating
- 3/10West Newton Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Veterans Memorial Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Newton High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: West Newton
- Middle: Veterans Memorial - Newton
- High: Newton
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$282,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$282,000