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    1201 Solomon St

    Thomaston, GA 30286
    • $320,000
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 8953330
    UPDATED: 47 min ago
    $320,000
    • 0
      BEDS
    • 1.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    $3,850 per month current monthly income!!! 16 doors/8 duplexes side by side. Potential monthly income of $8,800 per month after rehab completion. 1.36% monthly income return on purchase!! Two doors/one duplex fully rehabbed and in the process of being rented. Second duplex currently in the process of being renovated. Current rent rates for unrenovated properties $300-350 per month. At $550 per door per month, property will income $105,600 per year. THIS IS THE PERFECT RETIREMENT INCOME OPPORTUNITY!!!!!

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    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Atlanta Real Estate Group | Keller Williams are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Atlanta Real Estate Group | Keller Williams. Data last updated: 2021-05-08T21:50:29.387.
    www.theatlantarealestategroup.com/homes/115683324
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    1201 Solomon St Thomaston, GA 30286

    • Price: $320,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 8953330
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.55
    Acres
    1961
    Built
    Neighborhood:
    UPSON
    County:
    Upson
    Area:
    UPSON
    Property Description
    $3,850 per month current monthly income!!! 16 doors/8 duplexes side by side. Potential monthly income of $8,800 per month after rehab completion. 1.36% monthly income return on purchase!! Two doors/one duplex fully rehabbed and in the process of being rented. Second duplex currently in the process of being renovated. Current rent rates for unrenovated properties $300-350 per month. At $550 per door per month, property will income $105,600 per year. THIS IS THE PERFECT RETIREMENT INCOME OPPORTUNITY!!!!!
    Interior Features

    Cooling Other (See Remarks) Energy Related None Heating Source Other (See Remarks) Heating Type Other (See Remarks)

    Property Features

    Acreage Source Public Record Business Type Other (See Remarks) Current Zoning Residentia Date Of Possession At Closing Sale Or Rent For Sale Sq Ft Source Sq Ft Not Entered Tax Year 2020 Taxes 1510.59 Utilities Available ElectricitySewer AvailableWater

    Listing provided courtesy of Keller Williams Rlty Atl Part. © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Atlanta Real Estate Group | Keller Williams are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Atlanta Real Estate Group | Keller Williams. Data last updated: 2021-05-08T21:50:29.387.
     
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    The Atlanta Real Estate Group | Keller Williams
    3350 Atlanta Rd.
    Smyrna GA, 30310