Home Details for 119 Georgia Avenue

Prime Downtown Thomson Income Property - 6 Rental Units Excellent investment opportunity just one block from the heart of downtown Thomson! This unique parcel features six total rental units, including two duplexes and two single-family homes, all situated on one property for efficient management and strong income potential. The units are long-term rentals, with four currently occupied and two vacant, offering immediate upside for value-add improvements or lease-up. While the buildings are older, they have proven to be solid income producers with consistent rental history. The unbeatable location places tenants within walking distance of downtown shops, dining, and local amenities-making this a highly desirable area for renters. Highlights include: 6 total rental units (2 duplexes + 2 single-family homes) One block from downtown Thomson Strong rental demand and proven income history Opportunity to increase cash flow through renovations or rent optimization Ideal for investors seeking a small portfolio or 1031 exchange replacement Whether you're expanding your rental portfolio or looking for a centrally located investment with upside potential, this property checks all the boxes. Don't miss this rare downtown Thomson income opportunity. This listing is part of a 9 unit portfolio being sold by the same seller. MLS# 551257 is the other 3 units.

• Heating Information

  • Electric
  • Natural Gas

• Cooling Information

  • Window Unit(s)

• Water Features

  • Public

• Utilities

  • Sewer Connected

• Parking

  • Off Street

• Basement

  • None