720 West Main Street

Thomaston, GA 30286

$425,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by THE POTTS TEAM • RE/MAX SOUTHERN

Property Details for 720 West Main Street

Subdivision
West Residential
Fees Include
None
Parking
Detached, Off Street, Parking Pad
LISTING UPDATED: 03/27/2024 02:01 PM

Property Details for 720 West Main Street

StatusActive
MLS #10258226
Days on Market269
Taxes$1,884 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family (5+ Units)
Year Built1929
Lot Size0.35 AC / 15,246 SF
CountyUpson County

Building Information for 720 West Main Street

Stories2Residences10Year Built1929Building Size-Lot Size0.35 AC / 15,246 SF

Property Information for 720 West Main Street

Summary
Location and General Information
  • Elementary School: Upson-Lee
  • High School: Upson Lee
  • Middle School: Upson Lee
  • Amenities: None
  • Directions: GPS
Taxes and HOA
  • Association: No
  • Parcel Number: T11 106
Owner
  • Owner Pays: Electricity, Sewer, Water
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Basement Description: None, Unfinished
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Central
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Sewer Connected, Water Billing Prorated
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Construction: Block, Brick
  • Stories: Two
  • Property Condition: Resale
Lot Information
  • Structure: Multi Family (5+ Units)
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
  • Annual Gross Income: $5,620.00
  • Annual Operating Expense: $1,750.00
Unit 1
  • Unit Type Description: Private Room and Common areas
  • Unit Type Beds Total: 10
  • Unit Type Baths Total: 4
  • Unit Type Living Area: 2700
  • Unit Type Features: Dining Room, Dryer, Refrigerator, Smoke/Fire Alarm, Washer

Property History for 720 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 720 West Main Street

Taxable ValueLand$8,936Additions$58,400Total$67,336
Tax Record2023$1,764 ($147 / month)
Home Facts
Baths2Total Finished SqFt2,744 SqFtAbove Grade Finished SqFt2,744 SqFtUnfinished Basement SqFt1,396 SqFtStories1Lot Size15,246 SqFtStyleDuplexYear Built1929Year Renovated1960ZoningR2CountyUPSONAPNT11-106Fireplace TypeHas Fireplace

Schools near 720 West Main Street

This home is within Thomaston-Upson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Upson-Lee Primary School
PublicPK to 2

Upson-Lee North Elementary School
Public3 to 5

Upson-Lee Middle School
Public6 to 8

Upson-Lee High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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720 West Main Street is a multi-family home for sale in Thomaston, GA 30286. This property was listed for sale on February 26, 2024 by RE/MAX SOUTHERN, it's currently listed at $425,000. It has been on the market for a total of 269 days and was last sold on July 25, 2018. This listing's school district is Thomaston-Upson County School District. Nearby schools include Upson-Lee Primary School, Upson-Lee North Elementary School and Upson-Lee Middle School. 720 West Main Street is a 0-bed, 0-bath, multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX SOUTHERN, THE POTTS TEAM

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.