Multi-Family $ 235,000

7117 Pineneedle DR SW

Covington, GA 30014

  • 0.35 Lot Size
  • 1985 Year Built
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!**
Listed by OneSource Real Estate, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Subdivision Green Acres

    MLS Listing ID 7710759

    Construction Status Resale

    HOA Y/N No

    Year Built 1985

    Annual Tax Amount $2,651

    Tax Year 2025

    Lot Size 0.350 Acres

    Acres 0.35

    Property Sub-Type Duplex

    Source First Multiple Listing Service

  • Location

    State GA

    County Newton

    Area Green Acres

    Lake Name None

  • Building

    Lot Description Level

    Story One

    Sewer Public Sewer

    Water Public

    Level or Stories One

    Structure Type Cedar

    Construction Status Resale

  • Interior

    Heating Central

    Cooling None

    Flooring Carpet

    Window Features None

  • Exterior

    Parking Features Driveway

    Fence None

    Community Features None

    Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities

    Waterfront Description None

    View Y/N Yes

    View City

    Roof Type Composition

    Accessibility None

    Handicap Access None

    Total Parking Spaces 4

    Private Pool false

  • Schools

    Elementary Schools Middle Ridge

    Middle Schools Indian Creek

    High Schools Eastside

  • Others

    Senior Community no

    Tax ID C029000050009000

    Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

    Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

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CONTACT

Matt Nicklin
Matt Nicklin

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