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$244,600
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$2,651 |
1985 |
|
On the market:
0 days
|
View full details, photos, school info, and price history
Turnkey Income-Generating Duplex in Covington – 100% Occupied & Cash Flowing Day One!**
Start generating revenue immediately with this fully occupied duplex at 7117 Pine Needle Dr. Located in an established Covington neighborhood, this solid investment property features two mirror-image units, each offering a spacious 2-bedroom, 1-bath layout. With reliable tenants already in place in both units, this asset provides instant cash flow with zero downtime for the new owner.
Built in 1985, the property sits on a low-maintenance 0.35-acre lot and totals approximately 1,536 square feet. Both units are separately metered for electricity, gas, and water, keeping landlord expenses low and management simple. The floor plans are functional and tenant-friendly, featuring comfortable living areas, practical kitchens, and durable flooring suitable for long-term rentals.
**Key Features:**
* **Instant ROI:** Both units are currently leased—collect rent from the day you close.
* **Unit Mix:** Two spacious 2 Bed / 1 Bath units (approx. 768 sq ft each).
* **Investor-Friendly Setup:** Separate meters for all utilities (Electric, Gas, Water).
* **Location:** Conveniently situated near Covington’s shopping, dining, and major highways for easy commuting. Zoned for Middle Ridge Elementary, Liberty Middle, and Eastside High School.
* **Low Maintenance:** Durable exterior construction and a manageable lot size reduce upkeep costs.
Whether you are a seasoned investor looking to add a performing asset to your portfolio or a new buyer seeking a "house hack" opportunity down the road, this duplex checks all the boxes. Do not disturb tenants—showings during due diligence only.
**Don't miss this opportunity to acquire a stabilizing, income-producing asset in the growing Newton County market!**
Listing courtesy of Matthew Nicklin, OneSource Real Estate, LLC