BEDS0
BATHS
MLS#7799265
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEdgemoor North
SCHOOLBeaver Ridge - Norcross
Property Description
$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAYStop settling for standard yields. This renovated Norcross asset offers immediate rental income today with a massive 2X revenue upside for tomorrow. Currently occupied at $2,465/mo, the functional layout is perfectly positioned for a high-yield co-living conversion.The Numbers:Current Rent: 2,465/mo (29,580/yr), Start earning Day 1.PadSplit Potential: 5,000/mo (60,000/yr).The Delta: Nearly double your gross revenue utilizing a 5-bedroom model ($1,000/room).The Asset:Renovated & Durable: Features new hardwood floors and new appliances, built to minimize maintenance and withstand high-occupancy use.Easy Conversion: Separate living, dining, and family rooms provide a seamless path to adding two additional revenue-generating rooms without major structural changes.Location: Quiet cul-de-sac just off Beaver Ruin and Buford Hwy. Minutes from I-85 and major employment hubs. NO HOA.Secure your equity now and scale your cash flow later. This is a turnkey, low-maintenance investment in a Zero Vacancy workforce housing pocket.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.35 Acres
Taxes: $3,524
Year Built: 1971
Feature Descriptions
Days on Site: 4
Lot Dimensions: x
Parking Notes: Garage
Sewer: Public Sewer
Special View Info: Trees/Woods
Units: 5
Utilities: Electricity Available
Water: Public
Local Schools
High School: Norcross
Middle School: Summerour
Elementary School: Beaver Ridge
School District: Beaver Ridge - Norcross
Listed By / Shown By
Listed By
Agency Name: TruPorch Homes
Agency Phone: 404-333-8497
Shown By
Agent Name: Carmen White
Agent Phone: (706) 506-8971
Agency Title: Crye-Leike Real Estate Services
Source: FMLS
Estimate Your Payment
Estimated Payment
$ 1,048.82 per month $667.66 Principal & Interest $293.67 Property Tax $87.50 Homeowner's InsuranceChange Payment Information
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2621 Bailey Drive | MLS# 7799265
This multi-family property located at 2621 Bailey Drive , Norcross, GA 30071 is currently listed for sale with an asking price of $299,995. Bailey Drive is located within the Beaver Ridge - Norcross school district. Search Norcross real estate on carmen.crye-leike.com today.