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$375,000   Price Analysis
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711 W Main St
Thomaston, GA 30286
Unknown bed None bath unknown SqFt ($0/SqFt)
0.46 acre lot. Built 1979
Listed 2024-03-01, Taxes $1,755
USDA Eligible
near Logtown, GA
 

LING ALL INVESTORS.

Great Cash Flow opportunity available near down town Thomaston Ga. 711 W Main St has 7 sparate 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 Pristine HVAC and has designated parking lot for all tenants . Leases, Leaders and Inventory list will be provided during Due diligence.


Presented by THE POTTS TEAM at
Remax Southern.
Listing Agent Photo

Property MLS #10260733 from GeorgiaMLS

Laundry Facilities: Common Area, In Unit

Cooling Features: Central Air
Heating Features: Central

Lot Size Acres: 0.46
Lot Size Square Feet: 20038

Parking Features: Attached, Parking Pad
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Upson-Lee
High School: Upson Lee
Middle School: Upson Lee

Upson-Lee Middle School is a public middle school located approximately 1.3 miles away.
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Upson-Lee North Elementary School is a public elementary school located approximately 2.1 miles away.
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Upson-Lee High School is a public high school located approximately 2.5 miles away.
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Covenant Christian Academy is a private elementary and middle school located approximately 2.1 miles away.
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Gross Income: 4115

Number of Units: 7

Annual Tax Amount: 2373.52
Source Listing Status: Active
County: Upson
Directions: GPS
Tax Year: 2023
Source Property Type: Residential Income
Source Neighborhood: West Main Rooms
Owner Pays: Electricity, Sewer, Water
Parcel Number: T12 009
Subdivision: West Main Rooms
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$58,305 + $4,802
$63,107
$1,755
2021$50,950 + $4,802
$55,752
$1,589
2020$40,917 + $4,802
$45,719
$1,392
2019$35,125 + $3,842
$38,967
$1,237
2018$35,125 + $3,842
$38,967
$1,238
2017$33,421 + $3,842
$37,263
$1,302
2016$40,356 + $3,584
$43,940
$1,562
2015$40,356 + $3,842
$44,198
$1,558
2014$40,413 + $3,842
$44,255
$1,564
2013$40,413 + $3,842
$44,255
$1,585
2010$48,150 + $3,842
$51,992
$1,606
2009$53,550 + $3,842
$57,392
$1,772
2008$53,550 + $1,921
$55,471
$1,772
2007$53,550 + $1,921
$55,471
$1,711
2006$35,564 + $1,858
$37,422
$1,154

Listed 2024-03-01
$375,000
GeorgiaMLS
Listing removed 2013-11-20
$109,000
GeorgiaMLS
Listing removed 2013-11-20
$109,000
GeorgiaMLS
Listing removed 2013-11-20
$109,000
GeorgiaMLS
Listing removed 2008-02-29
$109,000
GeorgiaMLS
Listed 2007-08-17
$109,000
GeorgiaMLS
Listed 2007-08-17
$109,000
GeorgiaMLS
Listed 2007-08-16
$109,000
GeorgiaMLS
Listed 2007-08-16
$109,000
GeorgiaMLS
Listing removed 2007-07-25
$149,500
GeorgiaMLS
Listed 2006-07-25
$149,500
GeorgiaMLS
Sold 1999-09-01
$74,000
Public Record
Sold 1998-08-01
$56,000
Public Record

Operating Expense: 1400

Year Built: 1979
Construction Materials: Brick, Vinyl Siding
Foundation Details: Block
Levels: Two
Property Age: 45
Property Condition: Resale
Structure Type: House

Sewer: Public Sewer
Electricity Billing Prorated
Sewer Connected
Water Billing Prorated
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.