$100,000
SOLD FEB 10, 2026

720 W Main St Thomaston, GA 30286

-- Bed
-- Bath
2,792 Sq Ft
15,246 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

73% Below List Price

21 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Hot Water Heating System
  • Central Heating and Cooling System

About This Home

As of February 2026

Income-Producing Boarding House in Thomaston, GA Solid investment opportunity with this 10-room boarding house located in Thomaston, GA. Offering 2,744 square feet, the property includes 10 bedrooms and 5 full bathrooms, all currently tenant occupied, providing immediate income potential. The home has been well maintained with regular upgrades, including a 3-year-old roof, helping reduce near-term capital expenses. Infrastructure is designed for efficiency and durability with two HVAC systems and two water heaters, supporting multi-tenant use. The property is connected to city water and sewer for added reliability. An income and expense breakdown is available upon request, making this a strong option for investors seeking a stabilized asset with existing cash flow. Ideal for those looking to expand or diversify their rental portfolio with a proven boarding house model.

Last Agent to Sell the Property

Jack Andrews

Investment Realty Group License #448374 Listed on: 01/11/2026

Last Buyer's Agent

Jack Andrews

Investment Realty Group License #448374 Listed on: 01/11/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 0.35 Acre Lot

Parking

  • Parking Pad

Home Design

  • House
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Schools

  • Upson-Lee Elementary School
  • Upson Lee Middle School
  • Upson Lee High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for cable TV, electricity, gas, sewer, trash collection, water

Home Details

Home Type

Single Family

Year Built

Built in 1929 | Remodeled

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .35
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Unfinished

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Hot Water
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Upson-Lee
  • High School: Upson Lee
  • Middle School: Upson Lee

Rental Info

  • Owner Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2707.55

Multi Family

  • NumberOfUnitsTotal: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2026
Closed on
Feb 10, 2026
Sold by
Vishnu & Lakshmi Llc
Bought by
Boswell Thomas
Seller's Agent
Jack Andrews
Investment Realty Group
Buyer's Agent
Jack Andrews
Investment Realty Group
List Price
$371,000
Sold Price
$100,000
Premium/Discount to List
-$271,000
-73.05%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3966741.71%

Purchase Details

Listed on
Jan 11, 2026
Closed on
Jan 12, 2026
Sold by
Danns Millie
Bought by
Vishnu & Lakshmi Llc
Seller's Agent
Jack Andrews
Investment Realty Group
Buyer's Agent
Jack Andrews
Investment Realty Group
List Price
$371,000
Sold Price
$100,000
Premium/Discount to List
-$271,000
-73.05%
Views
6

Purchase Details

Closed on
Jul 25, 2018
Sold by
Gillis Gail Karen
Bought by
Danns Millie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2016
Sold by
Balentine Frankie L
Bought by
Bank Of New York Mellon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 --
Warranty Deed -- --
Warranty Deed $55,000 --
Foreclosure Deed $129,187 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,250 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 Sold $100,000 -73.0% $36 / Sq Ft
02/01/2026 02/01/26 Pending -- -- --
01/11/2026 01/11/26 For Sale $371,000 -- $133 / Sq Ft
Source: Georgia MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,708 $92,740 $8,936 $83,804
2024 $2,708 $69,796 $8,936 $60,860
2023 $2,098 $67,336 $8,936 $58,400
2022 $1,399 $50,308 $4,468 $45,840
2021 $1,224 $42,928 $4,468 $38,460
2020 $1,077 $35,340 $4,468 $30,872
2019 $699 $30,087 $3,575 $26,512
2018 $477 $30,087 $3,575 $26,512
2017 $982 $28,103 $3,575 $24,528
2016 $1,113 $32,712 $3,072 $29,640
2015 $1,121 $33,215 $3,575 $29,640
2014 $1,316 $38,711 $3,575 $35,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10670032

Georgia MLS

APN: T11-106

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