5159 Covington Highway

5159 Covington Highway, Decatur, GA 30035

For Sale $350,000
MLS Number 10488863
4 Bedrooms
3 Bathrooms
0 Half Baths
Square Footage - 2,455 *estimated
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
County
Dekalb
Neighborhood
None
Year Built
1964
Lot Size
.5 to 1 Acre
Taxes
$4,330
High School
Towers
Middle School
Mary Mcleod Bethune
Elementary School
Canby Lane
Basement
Yes
Dock
Yes
5159 Covington Highway - Map & Directions
view in Google Maps
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
Summary of 5159 Covington Highway
5159 Covington Highway is a 2,455 (*estimated) square foot home with 4 bedrooms and 3 bathrooms located in Decatur GA, DeKalb County. This property is listed for sale at $350,000 and is currently active and accepting offers.
listed by real estate agent kimberly branch and courtesy of keller williams realty atl. partners
Antjuan Lankford
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404-597-3430
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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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