172 Pallet Mill Road Thomaston, GA 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].
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyUpson
- Taxes$1,240
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number10265044
- Home Size Source N/A
- Year Built1984
- Lot Size9 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 172 Pallet Mill Road Thomaston, GA 30286
a month ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Vinyl SidingWood Siding
- Parking Detached
- Sewer Septic Tank
- Basement None
- Number of Stories 1
- Acreage 9
- Water Well
- Foundation BlockSlab
Interior Features
- Cooling OtherWindow Unit(s)
- Heating CentralOther
- Fireplaces 0
Community Features
- Community Features None