354 South Main Street

Thomaston, GA 30286

$499,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors. Great Cash Flow opportunity available near down town Thomaston Ga. 354 South Main St has 12 separate units this includes the main home with shared Kitchen, Laundry and all 4 Bathrooms that have been remolded. This property offers a NOI of $50,100 per year. Giving you as an investor a 10 % Cap Rate. The property has recently had a new roof, New HVAC, All New Wiring, and renovated/tiled bathrooms installed. Leases, Leaders, and Inventory list will be provided during Due diligence.Calling all investors. Great Cash Flow opportunity available near down town Thomaston Ga. 354 South Main St has 12 separate units this includes the main home with shared Kitchen, Laundry and all 4 Bathrooms that have been remolded. This property offers a NOI of $50,100 per year. Giving you as an investor a 10 % Cap Rate. The property has recently had a new roof, New HVAC, All New Wiring, and renovated/tiled bathrooms installed. Leases, Leaders, and Inventory list will be provided during Due diligence.
  1. Listed by THE POTTS TEAM • RE/MAX SOUTHERN

Property Details for 354 South Main Street

Subdivision
Thomaston Cotton Mill
Fees Include
None
Parking
Detached, Off Street, Parking Pad

Location

Listing Courtesy of RE/MAX SOUTHERN, THE POTTS TEAM
Add your commute
LISTING UPDATED: 03/27/2024 02:01 PM

Property Details for 354 South Main Street

StatusActive
MLS #10258229
Days on Market74
Taxes$2,120 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family (5+ Units)
Year Built1900
Lot Size0.26 AC / 11,325 SF
CountyUpson County

Location

Listing Courtesy of RE/MAX SOUTHERN, THE POTTS TEAM
Add your commute

Building Information for 354 South Main Street

Stories2Residences10Year Built1900Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$2,900 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$177

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 354 South 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: T30 138
Owner
  • Owner Pays: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Laundry Features: Common Area, In Unit
  • Basement Description: None
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Central
  • Water/Sewer: Public Sewer
  • Utilities: Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected, Water Billing Prorated
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Construction: Aluminum Siding, 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: $5,850.00
  • Annual Operating Expense: $1,675.00
Unit 1
  • Unit Type Description: Shared Room/ Co-Living Multi- Family
  • Unit Type Beds Total: 10
  • Unit Type Baths Total: 4
  • Unit Type Living Area: 3256
  • Unit Type Features: Dining Room, Dishwasher, Dryer, Other, Range/Oven, Refrigerator, Washer

Property History for 354 South 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 354 South Main Street

Taxable ValueLand$2,656Additions$68,558Total$71,214
Tax Record2023$1,865 ($155 / month)
Home Facts
Beds6Baths2Total Finished SqFt3,256 SqFtAbove Grade Finished SqFt3,256 SqFtStories2Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1972ZoningR2CountyUPSONAPNT30-138

Schools near 354 South 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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354 South 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 $499,000. It has been on the market for a total of 74 days and was last sold on February 25, 2021. 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. 354 South Main Street is a 0-bed, 0-bath, multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX SOUTHERN, THE POTTS TEAM

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