ENHOUZ™Business Marketplace
OTHER · For Sale

2175 Emory ST, Covington Active

3 views · 2 this week

Asking price
$645,000
Price / SF
$201.56
Cap rate
—
Sale type
—
Property type
OTHER
Property subtype
OTHER,OFFIC,RETAI
Building class
—
Building size
3,200 sq ft
Year built
1948
NOI
—
Tenancy
—
Building height
—
Building FAR
—
Lot size
1.08 acres
Zoning
commercial
Frontage
—
Listing #
EN-1572
MLS #
10421272

Here is the opportunity you have been looking for. Income producing, with plenty of room to increase rents. Operating hair salon on main floor. Separate rentals upstairs and downstairs, with separate entrances. Currently rented as businesses, but would be super easy to convert to residential and have two, 2 bedroom apartments. Additional building on the property with two 1 bedroom apartments in it. Both rented and cannot be shown without an accepted offer. Seller does not want tenants disturbed. Huge parking lot with plenty of space if you continue to rent main building commercial. Or..live upstairs and rent the rest. All of this, and you are right across from the County Municipal building. Currently making $75k a year, but has the ability to make over $120k. Seller uses part of the building. Showings are appointment only and can only be shown when businesses are closed. Pre-approval or proof of funds required prior to showing.

Location

GAMLS
Listed by Algin Realty, Inc.
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10421272

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