OWNER WILL BE RENOVATING TWO UNITS AND RELISTING PROPERTY!!! $4,150 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!!!!!
Off market
$221,700
12011231 Solomon St, Thomaston, GA 30286
--beds
0baths
--sqft
MultiFamily
Built in 1961
-- sqft lot
$221,700 Zestimate®
$--/sqft
$1,173 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Basement: Slab/None
Property
Parking
- Total spaces: 2
Features
- Exterior features: Brick
Lot
- Size: 1.55 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Sewer In Street
- Water: Public Water
Community & neighborhood
Location
- Region: Thomaston
Other
Other facts
- Appliances: Dishwasher, Range/Oven, Refrigerator, Other
- Heating: Other, See Remarks
- HeatingYN: true
- CoolingYN: true
- FoundationDetails: Slab
- NumberOfUnitsTotal: 16
- StructureType: Multi Family
- RentIncludes: See Remarks
- Cooling: Other
- FarmLandAreaSource: Public Record
- LotDimensionsSource: Public Records
- ParkingFeatures: 2 Car
- WaterSource: Public Water
- ConstructionMaterials: Brick 4 Sided
- Basement: Slab/None
- Sewer: Sewer In Street
- BeastPropertySubType: Multifamily
- MlsStatus: Under Contract
- ListPriceLow: 320000
- CoListAgentEmail: georgiaperimeterhomes@gmail.com
- CoListAgentFullName: Carlos Colon
- TaxAnnualAmount: 3905.71
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$221,700
2% more+$4,434
With Zillow Showcase(estimated)$226,134