5159 Covington Highway

5159 Covington Highway, Decatur, GA 30035

For Sale
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
Neighborhood
Year Built
1964
Lot Size
.5 to 1 Acre
Taxes
$4,330
High School
Middle School
Elementary School
Appliances
Dishwasher,Gas Water Heater,Microwave,Oven/Range (Combo),Refrigerator
Architectural Style
Brick 4 Side,Ranch
Association
No
Basement
Partial
Community Features
None,Street Lights
Construction Materials
Brick
Cooling
Electric,Central Air
Flooring
Carpet,Hardwood,Laminate
Heating
Electric,Forced Air
Home Warranty
No
Interior Features
High Ceilings,In-Law Floorplan
Kitchen Features
Breakfast Bar
Levels
One and One Half
Financing Available
Cash,Conventional,FHA,VA Loan
Lot Features
None
Lot Size Estimated
0.7
Tax ID Number
15 162 05 020
Parking Features
Carport
Parking Total
2
Selling Status
Resale
Roof
Composition
Rooms
Family Room,Laundry
Security Features
Carbon Monoxide Detector(s),Security System,Smoke Detector(s)
Sewer Type
Septic Tank
Showing Info
Septic Tank
Listing Conditions
As Is
Total Finished Area
2,455
Utilities
Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Sewer Connected
Water Source
Public
Water Front Features
No Dock Or Boathouse
Dock
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
Brad Huber
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404-405-7027
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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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