GA > Decatur
Decatur, GA 30035,5169 Covington HWY
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Decatur, GA 30035,5169 Covington HWY
Decatur, GA 30035,5169 Covington HWY
Decatur, GA 30035,5169 Covington HWY
Decatur, GA 30035,5169 Covington HWY
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Gabe Mould

Gabe Mould

+1(404) 673-5776
$ 315,000
Est. payment /mo
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5169 Covington HWY Decatur, GA 30035

3 Beds

2 Baths

1,891 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,891 sqft

Price per Sqft $166

MLS Listing ID 10488861

Style Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1959

Annual Tax Amount $3,829

Tax Year 23

Lot Size 1.400 Acres

Acres 1.4

Lot Dimensions 1.4

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Dekalb

Rooms

Basement Partial, Unfinished

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplace No

Appliance Dishwasher, Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator

Laundry Common Area

Exterior

Parking Features None

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description None

Faces 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.

Sewer Septic Tank

Water Public

Structure Type Brick,Wood Siding

New Construction No

Schools

Elementary Schools Canby Lane

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

HOA Fee Include None

Tax ID 15 161 02 001

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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+1(404) 673-5776

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5169 Covington HWY

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