5169 Covington Highway, Decatur, GA 30035

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Our Financing Partner
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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For Sale
MLS Number 10488861
3 Bedrooms
2 Bathrooms
0 Half Baths
1,891 Square Feet *estimated
Summary of 5169 Covington Highway
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.
Set outside of a traditional subdivision in Decatur, this well cared for 3-bedroom, 2-bath home offers space, comfort, and freedom from HOA restrictions. Inside, the home offers 1,891 square feet of finished living space, giving plenty of room for everyday living and easy entertaining. The kitchen functions as the heart of the home with ample counter space, storage, and a natural connection to the main living areas. A central family room and dining area provide a welcoming place to unwind, gather, and enjoy time together. Step outside to approximately 1.4 acres, creating a comfortable setting for outdoor living and weekend gatherings. Practical parking available makes everyday living easier for households with multiple vehicles. The location provides quick access to Decatur amenities while offering the flexibility of living outside a subdivision with no required HOA. Currently listed for about 256 days, this property combines space, style, and value. With an asking price of $315,000, this property represents an appealing opportunity in the current market.
5169 Covington Highway - Map & Directions
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I75/85 S to I20 E, Exit 247 toward Augusta. Take Exit 67, I285 N toward Greenville. Take Exit 44, Glenwood Rd Exit. Turn R onto Glenwood Rd. Turn R onto Covington Hwy. Property on R.
School District Information
High School
Middle School
Elementary School
Additional Information about
None
Association
No
Additional Information about
5169 Covington Highway
County
Neighborhood
Year Built
1959
Appliances
Dishwasher
Gas Water Heater
Microwave
Oven/Range (Combo)
Refrigerator
Architectural Style
Ranch
Basement
Partial
Unfinished
Construction Materials
Brick
Wood Siding
Cooling
Central Air
Flooring
Carpet
Hardwood
Tile
Heating
Central
Home Warranty
No
Laundry Features
Common Area
Levels
One and One Half
Financing Available
Cash
Conventional
FHA
VA Loan
Selling Status
Resale
Roof
Composition
Rooms
Family Room
Foyer
Laundry
Sewer Type
Septic Tank
Listing Conditions
As Is,No Disclosure
Total Finished Area
1,891
Utilities
Cable Available
Electricity Available
High Speed Internet
Natural Gas Available
Water Source
Public
Land Information
Lot Size
1 to 2 Acres
Lot Features
None
Lot Size Estimated
1.4
Garages and Parking Information
Tax Information
Taxes
$3,829
Tax Year
23
Tax ID Number
15 161 02 001
listed by real estate agent kimberly branch and keller williams realty atl. partners