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Veda Nembhard
Mobile Phone:
770-363-1847
ven000@aol.com
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Veda Nembhard
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Mobile Phone:
770-363-1847
ven000@aol.com
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FOR SALE
$210,000

172 Pallet Mill Road
Thomaston, GA 30286

Triplex, Multi-Family
Residential
9
Acre Lot
Courtesy: RE/MAX SOUTHERN
Home> Georgia> Thomaston> 30286
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].
10265044
Residential - Triplex, Multi-Family, 1 Story
1984
Upson
9 Acres
Well
1
Vinyl siding,Wood
Septic Tank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: RE/MAX SOUTHERN
This content last refreshed on 4/27/2024 1:36 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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