$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 $2,600/mo, the functional layout is perfectly positioned for a high-yield co-living conversion.The Numbers:Current Rent: 2,600/mo(2,600/mo(31,200/yr), Start earning Day 1.PadSplit Potential: 5,000/mo(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.
Listed By
Agency Name: TruPorch Homes
Agency Phone: 404-333-8497
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,048.82 per month $667.66 Principal & Interest $293.67 Property Tax $87.50 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
2621 Bailey Drive | MLS# 7714532
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 www.clhomes.com today.