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5159 Covington Hwy

Decatur GA 30035

4
3
2
2455 sq. ft.
0.7 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
3 bathrooms
2 carspaces
2455 sq. ft. floor area
0.7 ac. lot size
Single-Family

Property history for 5159 Covington Hwy

2014
Sold
$73,000
06 Jan 2014 by Rick Hale And Associates, of Keller Williams Atl. Midtown

Happy sellers in Decatur

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We have insufficient information to provide an overview of customer satisfaction for Decatur. Viewing the agent profiles, reviews and sales for Decatur can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Decatur

In the last 12 months, 72 four-bedroom single-family properties similar to 5159 Covington Hwy, have been sold.

This represents a 10% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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