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1416 Manchester Court Sw, Lilburn, Georgia 30047
  • Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Garages
  • 2464 m²
  • Area Size
1416 Manchester Court Sw, Lilburn, Georgia 30047
  • $359,995

Description

$72K+ PRO FORMA | STABLE CASH FLOW | LILBURN CONVERSION PLAY Instant income meets massive revenue upside. Located in the high-demand Lilburn market, this 2, 464 sq. ft. Colonial is a powerhouse asset. Recently occupied this December at a stable market rate, it offers a “plug-and-play” opportunity for an investor to secure equity now and double their yield later. The Strategy: While currently a 4-bedroom home, the massive footprint and traditional layout (Formal Living, Dining, and Family Room) are perfectly suited for a high-yield co-living conversion. The Numbers: Current Rent: ~$2, 200/mo — Stable income starting Dec 2025. PadSplit Potential:6, 000/mo(6, 000/mo(72, 000/year). The Yield: Nearly 3x the gross revenue utilizing a 6-bedroom conversion model ($1, 000/room). The Asset: Premium Finishes: Renovated kitchen with stone counters, brand-new stainless appliances, and durable laminate/tile flooring designed for low-maintenance longevity. Conversion Ready: The separate formal living and dining rooms allow for easy conversion into additional revenue-generating bedrooms without major structural work. Prime Location: Situated in a quiet cul-de-sac on a huge 0.46-acre fenced lot. Zoned for the award-winning Brookwood High district—a “Zero Vacancy” hotspot for workforce housing. Secure a high-performing asset in a premier Gwinnett submarket. This is a turnkey investment with guaranteed stability and industry-leading pro-forma potential.

  • Address: 1416 Manchester Court Sw, Lilburn, Georgia 30047
  • City: Lilburn
  • State/county: GA
  • Zip/Postal Code: 30047
  • Area: Manchester

Details

Updated on September 12, 2026 at 12:02 pm
  • Property ID 7836816
  • Price $359,995
  • Property Size 2464 m²
  • Land Area 0.46 m²
  • Bedrooms 4
  • Bathrooms 3
  • Garages 2
  • Year Built 1977
  • Property Type Single Family Residence, Residential
  • Property Status Active, For Sale

Additional details

  • Roof Composition
  • Utilities None
  • Sewer Septic Tank
  • Cooling Central Air
  • Heating Forced Air
  • Flooring Vinyl
  • County Gwinnett - GA
  • Property Type Residential
  • Pool None
  • Parking Garage
  • Elementary School Head
  • Middle School Five Forks
  • High School Brookwood
  • Community Features None
  • Waterfront None
  • Architectural Style Colonial, Traditional

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