Discover a timeless investment opportunity in the heart of Historic Covington. Comprising 11 turnkey residences across three all-brick buildings, this multifamily gem has been meticulously renovated between 2023 and 2025 and professionally managed with leases secured through 2026. Each 2- and 3-bedroom home blends classic Southern charm with modern convenience, featuring stainless steel kitchens, spa-inspired baths, and updated systems. The unit mix includes seven 2BR/1BA homes ( 950 sqft) and four 3BR/2BA homes ( 1,050 sqft), generating around $15,485 in scheduled monthly revenue. Residents enjoy walkable access to parks, dining, and downtown energy. Ideally located just a 4-minute walk to both Cricket Frog Trail and the City Park, and a 5-minute walk to Covington Square, famous for its film landmarks like The Vampire Diaries. A rare stabilized portfolio offering both immediate returns and long-term growth in Georgia's beloved "Hollywood of the South."
Property Features
Heating Information
Central
Electric
Forced Air
Cooling Information
Central Air
Electric
Water Features
Public
Utilities
Other
Parking
Detached
Basement
None
School Information
School Information for 2133 Thompson Ave, Covington, GA 30014
Elementary School
East Newton
Middle School
Cousins
High School
Eastside
Listing Courtesy: Keller Williams Realty - 404-419-3500