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354 S Main Street, Thomaston, Ga 354 S Main St 12 Unit Apartment Building $399,000 ($33,250/Unit) 6.19% Cap Rate Thomaston, GA 30286

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EXECUTIVE SUMMARY

Remodeled Boarding house with 12 bedrooms and 4 comman baths with a common kitchen area, laundry room, sitting room , fenced backyard and parking space- this houses has 6 bedrooms and 2 full baths on the main floor and 6 bedrooms and 2 full baths on the 2nd floor- it is located near shopping and downtown area- fenced in backyard with outbuilding- Rental rates were based on property before it was remodeled so the rental rates would go up - Home has restored hardwood flooring, new paint, new plumbing, new electrical, new metal roof, new kitchen, remodeled bathrooms -home provides off street parking for tenants- the houses has 3256 square feet on .26 acres of land- located in a nice residential area- ready to be leased to future tenants- come view this awesome income producing property

PROPERTY FACTS

Price $399,000
Price Per Unit $33,250
Sale Type Investment
Cap Rate 6.19%
Sale Condition High Vacancy Property
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Hospitality Hotel
Apartment Style Single-Family Home
Building Class C
Lot Size 0.26 AC
Building Size 3,256 SF
No. Stories 2
Year Built/Renovated 1940/2025
Corridor Interior
Opportunity Zone Yes
Zoning C3

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Storage Space
  • Ceiling Fans
  • Tub/Shower
  • Linen Closet
  • Pantry
  • Porch

SITE AMENITIES

  • 24 Hour Access
  • Listing ID: 36801310

  • Date on Market: 7/18/2025

  • Last Updated:

  • Address: 354 S Main St, Thomaston, GA 30286

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