Covington, GA 30014,2133 Thompson
Covington, GA 30014,2133 Thompson
Covington, GA 30014,2133 Thompson
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$2,000,000
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0.93 Acres Lot
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2133 Thompson Covington, GA 30014

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Multi Family,Townhouse

Listing Status New

Purchase Type For Sale

Subdivision Thompson Avenue Townhomes

MLS Listing ID 10638225

HOA Y/N No

Year Built 1972

Annual Tax Amount $6,638

Tax Year 2024

Lot Size 0.930 Acres

Acres 0.93

Lot Dimensions 40510.8

Property Sub-Type Multi Family,Townhouse

Source Georgia MLS 2

Property Description

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."

Location

State GA

County Newton

Rooms

Basement None

Interior

Heating Central, Electric, Forced Air

Cooling Central Air, Electric

Fireplace No

Laundry Other

Exterior

Parking Features Detached, Over 1 Space per Unit

Garage Spaces 2.0

Community Features Park, Near Shopping

Utilities Available Electricity Individual Meters, Water Individual Meters, Other

View Y/N No

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Faces From I-20 E, take Exit 92 (Alcovy Rd/GA-142). Turn right onto Alcovy Rd NW, then left onto US-278 W/GA-12 W toward Historic Downtown Covington. Turn left onto Emory St NW, then right onto Washington St SW. Turn left onto Thompson Ave SE. Property on left: three all-brick buildings numbered 2133 to 2149.

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools East Newton

Middle Schools Cousins

High Schools Eastside

Others

HOA Fee Include None

Tax ID C02000040013000, C02000040014000

Special Listing Condition Updated/Remodeled


Georgia MLS - GAMLS

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Matthew Share

Matthew Share

Broker Associate | License ID: 280286

+1(678) 520-3113

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2133 Thompson