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1201 Solomon St

Thomaston, GA 30286
  • $279,000
  • STATUS: Active
  • ON SITE: 236 days
  • MLS #: 8895285
Price Reduced
UPDATED: 66 min ago
$279,000
  • 2
    BEDS
  • 1.55
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1961
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

$3,500 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 Ursula Group | Keller Williams Realty 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 Ursula Group | Keller Williams Realty. Data last updated: 2021-07-25T12:50:39.943.
www.theursulagroup.com/homes/112284605
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1201 Solomon St Thomaston, GA 30286

  • Price: $279,000
  • Status: Active
  • Updated: 66 min ago
  • MLS #: 8895285
2
Beds
1
Baths
0
½ Baths
1.55
Acres
1961
Built
Neighborhood:
None
County:
Upson
Area:
UPSON
Elementary School:
Upson-Lee
Middle School:
Upson Lee
High School:
Upson Lee
Property Description
$3,500 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!!!!!
Exterior Features

Construction Brick 4 Sided Construction Status Resale Lot Description None Lot Size 1/3 - 1/2 Acre Parking 2 Car Style Other (See Remarks)

Interior Features

Basement Slab/None Bathroom Full Lower 1 Bathroom Full Main 0 Bathroom Full Upper 0 Bathroom Half Lower 0 Bathroom Half Main 0 Bathroom Half Upper 0 Bedroom Lower 0 Bedroom Main 2 Bedroom Upper 0 Cooling Source Other (See Remarks) Cooling Type Other (See Remarks) Energy Related None Heating Source Other (See Remarks) Heating Type Other (See Remarks) Interior Other (See Remarks) Kitchen Equipment Other (See Remarks) Rooms Other (See Remarks) Stories 1 Story Total Fireplaces 0

Property Features

Acreage Source Public Record Amenities None Date Of Possession Negotiable Fees Include None Home Warranty Paid No Ownership Fee Simple Property Class Single Family Detached Sale Or Rent For Sale Sq Ft Source Public Record Tax Year 2019 Taxes 3905.71 Water Sewer Public WaterSewer In Street

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 Ursula Group | Keller Williams Realty 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 Ursula Group | Keller Williams Realty. Data last updated: 2021-07-25T12:50:39.943.
 
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The Ursula Group | Keller Williams Realty
3930 E Jones Bridge Rd., Suite 100
Peachtree Corners GA, 30019