1 of 7

Want to see this property?

172 Pallet Mill Road

Thomaston, GA 30286

– beds
– baths
– sqft
~9 acre lot
1984 build
– on site

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].

Listing courtesy of GAMLS / THE POTTS TEAM / RE/MAX SOUTHERN

Last checked: Checking… • Last updated Mar 27, 2024 •

MLS# 10265044 —

The Building

Year Built:

1984
Construction Materials:

Vinyl Siding, Wood Siding
Structure Type:

House, Other, Triplex
Levels:

One
Basement:

None
Foundation Details:

Block, Slab
# of Units Total:

5

Location

Latitude:

32.859107
Longitude:

-84.394729

The Property

Property Type:

Residential Income
Property Condition:

Resale
Lot Size Acres:

9
Lot Size Source:

Agent
Parcel Number:

035 006

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,240.95

Heating & Cooling

Heating:

Central, Other
Cooling:

Other, Window Unit(s)

Utilities

Utilities:

Gas Billing Prorated
Sewer:

Septic Tank
Water Source:

Well

Schools

Elementary School:

Upson-Lee
Middle School:

Upson Lee
High School:

Upson Lee

The Community

Subdivision:

None
Community Features:

None
Association:

No
Association Fee Includes:

None

Parking

Parking Features:

Detached

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
3/11/24 Mar 11, 2024	Listed / Active	GAMLS	$210,000

Want a closer look?

Go see 172 Pallet Mill Road

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in 30286

Similar sold homes

This multifamily located in GA 30286 is currently for sale for $210,000. 172 Pallet Mill Road is a – square foot multifamily with – beds and – baths that has been on Estately for 255 days. This multifamily is in the attendance area of Upson-Lee North Elementary School, Upson-Lee South Elementary School, Upson-Lee High School, and Upson-Lee Middle School.

Listing Courtesy of: GAMLS and RE/MAX SOUTHERN.

© 2024 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.