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
2beds
--baths
--sqft
Multi Family, Duplex
Built in 1984
-- sqft lot
$284,100 Zestimate®
$--/sqft
$1,585 Estimated rent
Home value
$284,100
$261,000 - $307,000
$1,585/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 01, 2023 at 07:31am
Listed by:
Allen Steigman 954-646-4788,
America Realty LLC
Bought with:
Jingru Sui, 392936
Vistaray USA Inc
Source: GAMLS,MLS#: 10132474
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: None
- Number of fireplaces: 2
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.70 Acres
Details
- Parcel number: 0.0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Concrete
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Underground Utilities
Community & neighborhood
Community
- Community features: None
Location
- Region: Covington
- Subdivision: Plum Orchard
Other
Other facts
- Listing agreement: Exclusive Right To Sell
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: GAMLS #10132474 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
- High: Newton
Source: GAMLS. 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
$284,100