Description
Rare 9-unit in downtown Thomasville! Eight spacious 2 BR/1 BA apartments plus one 3 BR/1 BA and a detached storage building on a corner lot. Eight units boast fresh paint, durable LVP, updated baths, and shaker-cab kitchensonly Unit B left for easy value-add. Stroll 0.3 mi to the brand-new Thomasville Aquatics & Community Center with pool, fitness, and eventsan instant resident magnet. Area 2 BR market rents average ~$900/mo; at stabilization, potential gross is $97K/yr, projecting an 8 %+ cap at the $900K ask. Separate electric meters, city utilities, and low-maintenance brick keep expenses in check. Proven occupancy delivers steady cash flow from day one, with upside in Unit B and the storage building. DO NOT DISTURB TENANTS. Agentssee Agent-Only Remarks for showings and financials.
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0BEDS
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0.94ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare 9-unit in downtown Thomasville! Eight spacious 2 BR/1 BA apartments plus one 3 BR/1 BA and a detached storage building on a corner lot. Eight units boast fresh paint, durable LVP, updated baths, and shaker-cab kitchensonly Unit B left for easy value-add. Stroll 0.3 mi to the brand-new Thomasville Aquatics & Community Center with pool, fitness, and eventsan instant resident magnet. Area 2 BR market rents average ~$900/mo; at stabilization, potential gross is $97K/yr, projecting an 8 %+ cap at the $900K ask. Separate electric meters, city utilities, and low-maintenance brick keep expenses in check. Proven occupancy delivers steady cash flow from day one, with upside in Unit B and the storage building. DO NOT DISTURB TENANTS. Agentssee Agent-Only Remarks for showings and financials.
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