$210,000 Price Analysis    ♡   Thomaston, GA 30286 Unknown bed None bath unknown SqFt ($0/SqFt) 9.0 acre lot. Built 1984 Listed 2024-03-12, Taxes $766 | ✓ USDA Eligible near Thomaston, GA |
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. Th e 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 passve 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].
Presented by THE POTTS TEAM at
Remax Southern.
Property MLS #10265044 from GeorgiaMLS
Heating Features: Central
Lot Size Square Feet: 392040
Calculated Total Monthly Association Fees: 0
High School: Upson Lee
Middle School: Upson Lee
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Upson
Directions: GPS
Tax Year: 2023
Source Property Type: Residential Income
Owner Pays: Water
Parcel Number: 035 006
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $10,935 + $16,712 $27,647 | $766 |
| 2021 | $9,025 + $16,712 $25,737 | $678 |
| 2020 | $8,569 + $15,426 $23,995 | $676 |
| 2019 | $7,888 + $15,426 $23,314 | $714 |
| 2018 | $14,840 + $15,426 $30,266 | $927 |
| 2017 | $18,749 + $15,426 $34,175 | $1,148 |
| 2016 | $16,302 + $12,855 $29,156 | $996 |
| 2015 | $16,302 + $12,855 $29,157 | $996 |
| 2014 | $18,231 + $21,739 $39,970 | $1,368 |
| 2013 | $18,231 + $21,739 $39,970 | $1,278 |
| 2010 | $29,146 + $27,778 $56,924 | $1,552 |
| 2009 | $29,146 + $27,778 $56,924 | $1,552 |
| 2008 | $37,225 + $27,778 $65,002 | $1,552 |
| 2007 | $37,225 + $27,778 $65,002 | $1,756 |
| 2006 | $31,021 + $27,778 $58,798 | $1,588 |
$210,000
GeorgiaMLS
Construction Materials: Vinyl Siding, Wood Siding
Foundation Details: Block, Slab
Levels: One
Property Age: 40
Property Condition: Resale
Structure Type: House, Triplex
Gas Billing Prorated
Water Source: Well
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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.