GA > Covington
Covington, GA 30016,940 Mote RD
See all 16 photos
Covington, GA 30016,940 Mote RD
Covington, GA 30016,940 Mote RD
Covington, GA 30016,940 Mote RD
Covington, GA 30016,940 Mote RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
2
Aug
Sun
3
Aug
Mon
4
Aug
Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 215,000
Est. payment /mo
Save
New

940 Mote RD Covington, GA 30016

2.45 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status New

Purchase Type For Sale

MLS Listing ID 10571552

HOA Y/N No

Year Built 1995

Annual Tax Amount $615

Tax Year 2023

Lot Size 2.450 Acres

Acres 2.45

Lot Dimensions 2.45

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

Property Description

Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don't miss out on the chance to unlock the full potential of this property!

Location

State GA

County Newton

Rooms

Basement Full, Unfinished

Interior

Heating Other

Cooling Electric, Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned

Community Features None

Utilities Available Electricity Billing Prorated

View Y/N No

Garage No

Private Pool No

Building

Faces Please use GPS

Sewer Public Sewer

Water Public

Structure Type Block,Stone Frame

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

Others

HOA Fee Include None

Tax ID 0047A00000030000

Special Listing Condition Resale

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

GET MORE INFORMATION

agent

Engel & Völkers Atlanta

+1(404) 845-7724

Full Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Engel & Völkers Atlanta, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

940 Mote RD