Bought with Jingru Sui • Vistaray USA Inc
For more information regarding the value of a property, please contact us for a free consultation.
35 Plum Orchard Covington, GA 30016
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $280,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Plum Orchard
MLS Listing ID 10132474
Sold Date 04/06/23
Construction Status Resale
HOA Y/N No
Year Built 1984
Annual Tax Amount $1,237
Tax Year 2022
Lot Size 0.700 Acres
Property Description
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.
Location
State GA
County Newton
Rooms
Basement None
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplaces Number 2
Exterior
Garage None
Community Features None
Utilities Available Electricity Individual Meters, Gas Individual Meters, Underground Utilities
Building
Story One
Sewer Septic Tank
Level or Stories One
Construction Status Resale
Schools
Elementary Schools West Newton
Middle Schools Veterans Memorial
High Schools Newton
Others
Financing Other
Read Less
© 2024 Georgia Multiple Listing Service. All Rights Reserved.
GET MORE INFORMATION