GA > Thomaston
Thomaston, GA 30286,172 Pallet Mill RD
Thomaston, GA 30286,172 Pallet Mill RD
Thomaston, GA 30286,172 Pallet Mill RD
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Listed by THE POTTS TEAM • RE/MAX SOUTHERN
$210,000
Est. payment /mo
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9 Acres Lot
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172 Pallet Mill RD Thomaston, GA 30286

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Quillie Williams

Quillie Williams

+1(678) 573-6100

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10265044

Construction Status Resale

HOA Y/N No

Year Built 1984

Annual Tax Amount $1,240

Tax Year 2023

Lot Size 9.000 Acres

Property Description

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].

Location

State GA

County Upson

Rooms

Basement None

Interior

Heating Central, Other

Cooling Other, Window Unit(s)

Exterior

Garage Detached

Community Features None

Utilities Available Gas Billing Prorated

Building

Story One

Foundation Block, Slab

Sewer Septic Tank

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Upson-Lee

Middle Schools Upson Lee

High Schools Upson Lee

Georgia MLS (GAMLS)
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Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

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172 Pallet Mill RD

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