Exceptional Multi-Property Investment Opportunity - Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement-perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots-see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
503 days
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71
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4
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Zillow last checked:
Listing updated:
Listed by:
Kimberly Branch404-702-4486,
Keller Williams Realty Atl. Partners,
Eric C Render678-489-1149,
Keller Williams Realty Atl. Partners
Source: GAMLS,MLS#: 10488861
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3
Rooms
Room types: Family Room, Foyer, Laundry
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator
Laundry: Common Area
Features
Other
Flooring: Carpet, Hardwood, Tile
Basement: Partial,Unfinished
Has fireplace: No
Interior area
Total structure area: 1,891
Total interior livable area: 1,891 sqft
Finished area above ground: 1,891
Finished area below ground: 0
Property
Parking
Parking features: None
Features
Levels: One and One Half
Stories: 1
Lot
Size: 1.4 Acres
Features: None
Details
Parcel number: 15 161 02 001
Special conditions: As Is,No Disclosure
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence
Materials
Brick, Wood Siding
Roof: Composition
Condition
Resale
New construction: No
Year built: 1959
Utilities & green energy
Electric: 220 Volts
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available