Income-Producing Duplex Opportunity in Covington, VAInvestor alert. Whether you're looking to expand your portfolio or live in one unit while renovating the other, this duplex delivers both immediate value and future upside.The lower level features a mostly finished 2 bedroom, 1 bath unit with substantial updates already completed. Improvements include new flooring, a brand new HVAC system with central air, updated electrical, fresh paint, and a renovated kitchen with new cabinets and countertops. The bathroom has also been tastefully updated. The heavy lifting is done, making this unit move-in or rent-ready from day one.
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Covington is located in Virginia. Covington, Virginia has a population of 5,716. Covington is less family-centric than the surrounding county with 28.94% of the households containing married families with children. The county average for households married with children is 28.94%.
The median household income in Covington, Virginia is $41,242. The median household income for the surrounding county is $41,242 compared to the national median of $69,021. The median age of people living in Covington is 42.2 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 37.4 inches per year, with 13.6 inches of snow per year.
