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    Historic House with Office Potential Title is generated by Realmo AI

    1155 Floyd Street NE, Covington, GA 30014

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    Claim this Listing
    New
    For Sale
    $889,000

    COMMERCIAL - Covington, GA

    Property size:
    5,306 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $167/SF
    Added:
    Jun 18, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 23 at 3:06 am

    Property Features for 1155 Floyd Street NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    APN
    C020000140003000
    Size
    5,306 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    25
    Tax Annual Amount
    8152

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1906
    Flooring type
    Hardwood, Carpet
    Building materials
    Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Rhonda A Smith
    Rhonda A Smith

    Listing agent Rhonda A Smith License #330071

    Listing office Keller Williams Lake Oconee 1010 Village Park Lane Ste 100, Eatonton, GA

    Listing date Jun 18, 2026

    MLS# 10790914

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 1906 with wood siding and a composition roof
    • Main‑level primary suite with double vanities, soaking tub, and separate shower
    • Stained‑glass windows and a sweeping curved staircase, plus handcrafted columns and intricate millwork
    • Kitchen with abundant cabinetry, island, major appliances, and a wine cooler
    • Upstairs laundry room and bedrooms with private baths
    • Fenced outdoor space with brick walkways, historic brick walls, and a back porch with plantation shutters; Cricket Frog Trail under 0.5 miles

    Overview

    Boxwood is a historic property originally built in 1830 and expanded over time, offering a classic interior with notable architectural character. Entry reveals a sweeping curved staircase and stained-glass windows, complemented by handcrafted columns and intricate millwork. The main level includes a spacious primary suite with double vanities, a soaking tub, and a separate shower, along with a library, elegant parlor, formal dining room, and a well-equipped kitchen featuring abundant cabinetry, an island, major appliances, and a wine cooler. Upstairs, each bedroom has its own private bath, and there is an upstairs laundry room for added convenience.

    Set on a 0.25-acre lot, the grounds provide an outdoor retreat designed around Boxwood’s renowned garden. Brick walkways wind through lush landscaping, with historic brick walls adding a sense of privacy and timeless character. A back porch with plantation shutters offers space to relax and take in garden views.

    Designed to accommodate a range of uses, Boxwood is presented as an ownership opportunity that can work as a private residence, a bed-and-breakfast, or a distinguished office space. The property is described as being in the heart of Covington, with proximity to the downtown square, restaurants, boutiques, year-round events, and nearby filming locations. It is also noted that the Cricket Frog Trail is less than a half mile away and offers 15+ miles of walking trails.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $138.2k $26.04
    − Vacancy −$8.6k −$1.61
    EGI $129.6k $24.43
    − OpEx −$58.3k −$10.99
    NOI $71.3k $13.43
    5,306 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.02M
    $891.0K – $1.19M (±1% cap)
    NOI $71,281 @ 7.0% cap · market cap 8.02%
    Second Best
    Hotel Hospitality
    $297.0K
    $259.9K – $346.6K (±1% cap)
    NOI $20,793 @ 7.0% cap · market cap 2.34%
    Theoretical Best
    Office A
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,826 @ 7.0% cap · market cap 11.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.857589
    Latitude
    33.597067

    FAQs

    What type of property is this?
    Single family property - Historic 1830 home with multiple private baths and distinctive interior details suited for professional offices or hospitality use.
    Where is this single family property located?
    The property is located at 1155 Floyd Street NE Covington, GA.
    What is the asking price?
    The asking price for this property is $889,000.
    What are key features of this property?
    This property features: Built in 1906 with wood siding and a composition roof; Main‑level primary suite with double vanities, soaking tub, and separate shower; Stained‑glass windows and a sweeping curved staircase, plus handcrafted columns and intricate millwork
    More about this property
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