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172 Pallet Mill Road
Thomaston GA 30286 US

$210,000

Active Listing ID 10265044
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Lot: 9.00 Acres
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Other

$210,000

Active Listing ID 10265044
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172 Pallet Mill Road 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].

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Property Features

  • Facts
  • Lot Size: 9.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Central Furnace

School Information

  • School
  • Upson-Lee(Elementary)
  • Upson Lee(MiddleSchool)
  • Upson Lee(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 210000
  • unparsedaddress: 172 Pallet Mill Road
  • postalcity: Thomaston
  • stateorprovince: GA
  • country: US
  • postalcode: 30286
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 9
  • lotsizeunits: Acres
  • lotsizearea: 9
  • livingareaunits: Square Feet
  • latitude: 32.859388
  • longitude: -84.393748
  • listagentfullname: THE POTTS TEAM
  • listagentemail: LangforDavidC@gmail.com
  • listagentkey: 3yd-GAMLS-THEPOTTSTEAM
  • listagentmlsid: THEPOTTSTEAM
  • listagentpreferredphone: 7702275555
  • listagentofficephone: 7702275555
  • listofficekey: 3yd-GAMLS-RMSO
  • listofficemlsid: RMSO
  • disclaimer: Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1984
  • listingcontractdate: 2024-03-11
  • listagenturl: https://www.southern.remax-georgia.com
  • countyorparish: Upson
  • parcelnumber: 035 006
  • elementaryschool: Upson-Lee
  • highschool: Upson Lee
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Vinyl Siding, Wood Siding
  • heating: Central Furnace
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.393748, 32.859388
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/172-Pallet-Mill-Rd_Thomaston_GA_30286_M95103-69953?f=listhub&s=GAMLS&m=10265044&c=rexren", "LeadRoutingEmail":"LangforDavidC@gmail.com", "BrokerName":"MARVERRAN PROPERTIES LLC DBA REMAX SOUTHERN", "ListingTitle":"House, Other, Triplex, Residential Income - Thomaston, GA", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"jamespottsrealtor@gmail.com", "ListOfficeAddress1":"232 S 10th Street", "ListOfficeAddress2":null, "ListOfficeCity":"Griffin", "ListOfficePostalCode":"30224", "ListOfficeStateOrProvince":"GA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"MARVERRAN PROPERTIES LLC DBA REMAX SOUTHERN", "ListBrokeragePhone":"(770) 227-5555", "ListBrokerageEmail":"remaxsouth@hotmail.com", "ListBrokerageWebsiteUrl":"https://www.southern.remax-georgia.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/51/176209/20110909153001055.png", "ListBrokerageUnparsedAddress":"806 W TAYLOR ST", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Griffin", "ListBrokerageStateOrProvince":"GA", "ListBrokeragePostalCode":"30223", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-03-12T18:38:46Z", "Taxes":[{"TaxYear":null, "TaxAnnualAmount":0, "TaxDescription":null}]}
Listing Changed: 3/26/2024 3:22:47 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: THE POTTS TEAM, RE/MAX SOUTHERN, LangforDavidC@gmail.com

Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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