2621 Bailey Dr, Norcross, GA 30071
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Overview
$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 $2,465/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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Lot size (acres)
- 0.35
- Year built
- 1971
Utilities
- Heating
- Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2024)
- $3,524
Public schools
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Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7799265 Last checked: …
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