☎︎ (706) 879-1813
Property Overview
List Price $299,995
0
2621 Bailey Drive Norcross, GA 30071

Description

$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAY Stop 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.

Property Basics

Location Norcross, GA 30071
Property Type Residential Income — Other
Status Active
Year Built 1971
Days on Market 22

Key Features

Cooling Central Air
Heating Central
Pool
Fireplaces

Additional Details

Lot Size 0.35 acres
Total Units 5
Price per Unit $59,999

Financial Overview

Gross Income $60,000
Net Operating Income $46,000
Annual Taxes $3,524

Listing provided by: James YEH, TruPorch Homes • 404-333-8497

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
IDX Functionality Provided by Jeff Crowe - jeffcrowe@c21theavenues.com