Listing Details for MLS #: 10595544
Investor's dream in Thomaston! This duplex at 221-223 Avenue L (Legal Description is 221 Avenue L) offers 5 bedrooms, 3 bathrooms, and 2,690 square feet with tremendous fix-and-flip potential. Both units need full renovation, making this the ideal project for buyers looking to add value and maximize returns. Unit 221 features 3 bedrooms, 2 bathrooms, and a one-car garage. Unit 223, previously used as a storefront, includes 2 bedrooms and 1 bathroom and can be restored as a residential unit or reimagined as a live-work or commercial space. In addition to the garage, the property provides five outdoor parking spaces-an uncommon feature that complements its mixed-use potential. The spacious backyard includes an in-ground swimming pool ready to be revitalized as a standout amenity. Please note: the laundry room sustained fire damage and will require repair as part of the renovation. Priced at just $80,000, this property sits well below area averages, where homes in the 30286 district sell near $200,000 with strong growth. Renovated duplexes in the Thomaston market can command resale values in the $345,000-$399,000 range, and rental demand supports strong long-term income potential, with area rents averaging $1,400 per unit monthly. With limited duplex inventory available, this property presents a rare opportunity to create significant value whether you hold as a rental, resell after renovations, or reimagine both units for maximum ROI.
The data relating to real estate for sale on this web page comes, in part, from the Broker Reciprocity Program of Georgia MLS. The broker providing this data believes the data is correct, but advises interested parties to confirm all data before relying on it for a purchase decision.
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