432 Remington, Thomasville, GA 31792
sale
$685,000
|
Other
Courtesy Of The Province Real Estate Brokerage
High-Yield Mixed-Use Investment Opportunity | Walkable Downtown Thomasville This income-producing duplex on Remington Avenue offers a compelling opportunity for investors seeking strong cash flow, operational flexibility, and long-term upside in one of Thomasville's most desirable walkable locations. Zoned R-2, the property supports multiple revenue strategies short-term rental, long-term leasing, professional office use, or a hybrid live/work model. This flexibility allows an investor to adapt to market demand and optimize returns over time. The asset consists of two well-appointed units, each featuring 2 bedrooms, 1 bathroom, full kitchen, living room, dining area, and in-unit laundry. Both units are being sold fully furnished, enabling immediate income generation with minimal additional capital investment. The upstairs unit is currently operating as a short-term rental, providing strong nightly rate potential, while the downstairs unit is leased on a month-to-month basis offering stable income with the ability to reposition for higher yield. A strategic value-add component exists in the ability to convert the downstairs unit to office or commercial use while maintaining residential or short-term rental income upstairs ideal for an owner-operator or investor targeting diversified income streams. Renovated in 2023, including a new roof, the property minimizes near-term capital expenditures and enhances overall asset stability. Outdoor amenities, including two porches and a patio, further increase tenant and guest appeal, supporting premium rental positioning. With its prime location, flexible zoning, and multiple monetization pathways, this property represents a rare opportunity to acquire a scalable, mixed-use asset with both immediate cash flow and long-term appreciation potential in the Thomasville market.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Exterior Type: Wood Siding
- Floor Covering: Vinyl
- Floor Covering: Hardwood
- Floors: 2
- Heating System: Central
- MLSID: 928641
- Roof Type: Other
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