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, 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.
Address
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Address: 2621 Bailey Drive, Norcross, Georgia 30071
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City: Norcross
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State/county: GA
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Zip/Postal Code: 30071
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Area: Edgemoor North
Details
Updated on September 2, 2026 at 3:14 am-
Property ID 7830660
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Price $299,995
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Land Area 0.35 m²
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Year Built 1971
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Property Type Other, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Other
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Utilities Electricity Available
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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County Gwinnett - GA
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Property Type Residential Income
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Parking Garage
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Elementary School Beaver Ridge
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Middle School Summerour
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High School Norcross
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Community Features Other
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Waterfront None
Mortgage Calculator
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- Jason Tatum