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221 Avenue L, Thomaston, GA 30286

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For Sale

$80,000

5 beds • 3 baths • 2,690 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $29.74
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 7644271

Courtesy Of The Premier West Group LLC

(470) 907-8266

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.3 Acres

Map and Directions

Directions to 221 Avenue L, Thomaston, GA 30286

Home seller CENTURY 21 Adams-Harvey & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Adams-Harvey & Associates

(706) 647-2100
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.