720 W Main St Thomaston, GA 30286
Estimated payment $2,195/month
Highlights
- No HOA
- Ceiling Fan
- Hot Water Heating System
- Central Heating and Cooling System
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,708
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
Map
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2026 02/01/26 | Pending | -- | -- | -- |
| 01/11/2026 01/11/26 | For Sale | $371,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $55,000 | -- | |
| Foreclosure Deed | $129,187 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $41,250 | Commercial |
Source: Georgia MLS
MLS Number: 10670032
APN: T11-106
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