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Previous Description:
**Exceptional Investment Opportunity** Presenting a unique three-property assemblage opportunity. The offering includes three distinct structures: Lot 1 features a spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet with a 391 square foot unfinished basement, situated on a generous 0.66-acre lot. Lot 2 comprises a charming 3-bedroom, 2-bathroom residence spanning 1,891 square feet with a 300 square foot unfinished basement on a expansive 1.39-acre lot. Lot 3 includes a cozy 3-bedroom, 1-bathroom house offering 1,264 square feet of living space on a sizable 2.57-acre lot. Combined, these properties boast a substantial 4.62 acres in total. Ideally located along Covington Highway with approximately 40 feet of road frontage, and mere minutes from Highway 285, this offering provides unparalleled convenience and potential. Whether renovating the existing properties or pursuing new construction for a small housing community, this is an opportunity not to be missed in the realm of multi-property investments. For further details, please refer to the attached listings: 10488861, 10488862.
Updated Description:
Exceptional Multi-Property Investment Opportunity – Prime Assemblage on Covington Highway
Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth.
Property Breakdown:
Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement—perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy.
Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential.
Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment.
Total Combined Acreage: 4.62 Acres
With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment:
Renovate and lease existing residences
Develop a boutique housing enclave
Subdivide and sell parcels individually
Hold for long-term appreciation in a rapidly developing corridor
Key Highlights:
Prime location on Covington Highway
Easy access to major thoroughfares, especially I-285
Approximately 40 feet of road frontage
Flexible zoning potential (buyer to verify)
Seller is open to offers on individual lots—see additional listings #10488862 and #10488863 for separate details.
This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
