Welcome to this charming fixer-upper in the heart of Thomaston, Georgia. This one-bedroom, one-bathroom home is a perfect investment opportunity for those looking to add value and create a cozy retreat. Currently tenant-occupied, this property has endless potential for renovation and modernization. With its prime location in Thomaston, you'll enjoy easy access to local amenities and a close-knit community atmosphere. Don't miss out on this exciting chance to transform this diamond in the rough. Schedule a showing today!
House converted into a duplex apartment that consists as follows: Apartment A - 1 bedroom 1 bath, living room, eat-in kitchen, CH/A Unit is Vacant Apartment B - 1 bedroom 1 bath, living room, eat-in kitchen, CH/A Unit is currently rented Situated on nice lot close to the Justice Center that is being built.
Single-Wide Modular Home. Owner Financing available for qualified buyer prospect.
Welcome to your next investment opportunity in Thomaston, GA! This charming four-unit apartment complex offers both a lucrative venture and a comfortable living experience for tenants. Nestled in the heart of Thomaston, this property boasts convenience and community, situated just moments away from the bustling activity of downtown Thomaston and the local hospital. Each unit in this expansive complex is generously sized, totaling almost 6000 square feet of living space. This abundance of space ensures that tenants have plenty of room to spread out and enjoy their living quarters comfortably. Unit A is a spacious three-bedroom/two-bathroom apartment, offering ample living space for tenants. Unit A has a brand-new water heater and brand-new, modern light fixtures. Unit B has recently undergone a remodel featuring a modern aesthetic and upgraded amenities including brand-new stainless-steel appliances in the beautiful kitchen. This two-bedroom/two-bathroom unit has been freshly painted and has brand-new, modern light fixtures and new flooring. Unit B provides tenants with a stylish and comfortable living space. Unit C boasts a long-term tenant who has called this two-bedroom/two-bathroom apartment home for years. This unit offers stability and reliability in rental income. Unit C has a brand-new water heater. Unit D is a newly remodeled gem, featuring brand-new granite countertops in the kitchen and bathrooms, brand-new stainless-steel appliances, a brand-new central heat and air unit, brand-new flooring, fresh paint, brand-new, modern light fixtures, and a brand-new water heater. Unit D also boasts two large living spaces for added comfort and versatility. This two-bedroom/two-bathroom unit offers tenants a luxurious living experience. Total monthly rent for all units is $4250. In addition to the spacious units, this complex features a brand-new architectural shingle roof with upgraded Timberline HDZ shingles on the entire building. This recent upgrade ensures both durability and aesthetic appeal, providing added value to the property. The current owner also added new gutters. One of the standout features of this complex is the detached, covered parking provided for all units. This added convenience ensures tenants have a designated space for their vehicles, protecting them from the elements year-round. The parking area has been recently repaved. Situated in a prime location, this property offers easy access to local amenities, including shopping centers, dining options, parks, schools, Upson Regional Medical Center, and the vibrant downtown area. Thomaston's thriving community ensures a high demand for rental properties, making this complex a savvy investment opportunity. Whether you're a seasoned investor or a newcomer to the real estate market, this four-unit apartment complex presents a promising opportunity. Don't miss your chance to own a piece of Thomaston's vibrant rental market. Schedule a viewing today and seize this investment opportunity!
This property presents an attractive opportunity for investors or owner-occupants, featuring three apartment-style units (A-B-C) with a combined total of 1782 square feet, a single-family 1-bedroom tiny home spanning 488 square feet, and a 2-bedroom, 1-bath modular home totaling 972 square feet, all situated on 7 acres of land. The property generates a gross income of $2575, resulting in a net operating income (NOI) of $1925 per month or $23,100 per year, offering investors an enticing 11% capitalization rate (Cap Rate). Furthermore, the adjacent 22 acres are available for potential expansion, providing an opportunity to leverage passive income to cover mortgage expenses. During the due diligence process, all leases and leaders will be made available, ensuring transparency and clarity for prospective buyers. For more information on additional 22 acres, please refer to MLS # [10265048].
Calling all Investors. Welcome to the Lakes mobile home park in South Upson County. Situated on 16 acres, our park features 11 well-maintained mobile homes and two scenic ponds making it a welcoming community for new residents. The parks Net Operating Income (NOI) is $3,500 per month with average expenses around $900, resulting in a 10.5% Cap Rate. Lot#4 1965 CHAMPION CHESTNUT RIDGE 10x52 Lot #6 1964 PALM HARBOR HARBOR POINT 10x52 Lot #2 1961 CASA VILLA INC 10x52 Lot #8 1975 HORTON HMS 12x56 Lot #11 1965 FRANKLIN HOMES 10x48 Lot #1 1968 WICKES HOMES VALIANT 10x43 Lot #5 1958 MARLETTE HOMES 10X37 Lot #3 1958 REDMAN 10x48 Lot# 9 1970 CHAMPION CONCORD 12x62 Lot #7 1960 GENERAL UNKNOWN 10x43 All leases and leaders will be provided during due diligence period and please to not bother tenants. Property can be viewed during due diligence.
LING ALL INVESTORS. Great Cash Flow opportunity available near down town Thomaston Ga. 711 W Main St has 7 separate units that are 100% occupied. This includes the main home with shared Kitchen, Laundry, and bathrooms and unfitted basement. This property has an NOI $32,580 per year. Giving you as an investor a 9 % Cap Rate. The property has recently had a newer roof and New HVAC and has designated parking lot for all tenants. Leases, Leaders, and Inventory list will be provided during Due diligence.
CALLING ALL INVESTORS. Major Cash Flow available near down town Thomaston Ga. 720 W Main St at West End Rooms has 10 separate units this includes the main home that has 9 units/rooms with a shared kitchen, bathrooms and laundry. Along with additional unit that is a separate apartment with kitchenette and bathroom. This property offers an NOI of $46,440 per year. Giving an investor a 11 % cap rate. The property has recently had a new roof installed. Leases, leaders, and inventory will be provided during due diligence.
The median home value in Thomaston, GA is $179,000. This is higher than the county median home value of $152,000. The national median home value is $338,100. The average price of homes sold in Thomaston, GA is $179,000. Approximately 34.54% of Thomaston homes are owned, compared to 51.19% rented, while 14.27% are vacant. Thomaston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Thomaston real estate agent to arrange a tour today!
Thomaston, Georgia has a population of 9,665. Thomaston is less family-centric than the surrounding county with 13.83% of the households containing married families with children. The county average for households married with children is 22.96%.
The median household income in Thomaston, Georgia is $28,133. The median household income for the surrounding county is $43,257 compared to the national median of $69,021. The median age of people living in Thomaston is 34.3 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 31.7 degrees. The average rainfall is approximately 48.6 inches per year, with 0.3 inches of snow per year.