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Single family home for sale at 1416 Manchester Ct SW, Lilburn, GA 30047 | MLS# 7862867 | Listing updated on 2026-11-03
Photo 1 of Single family home for sale at 1416 Manchester Ct SW, Lilburn, GA 30047 | MLS# 7862867 | Listing updated on 2026-11-03
Photo 2 of Single family home for sale at 1416 Manchester Ct SW, Lilburn, GA 30047 | MLS# 7862867 | Listing updated on 2026-11-03
Photo 3 of Single family home for sale at 1416 Manchester Ct SW, Lilburn, GA 30047 | MLS# 7862867 | Listing updated on 2026-11-03
Photo 4 of Single family home for sale at 1416 Manchester Ct SW, Lilburn, GA 30047 | MLS# 7862867 | Listing updated on 2026-11-03
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Street View

$359,995

Monthly Est:$1,792

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,464sqft

1416 Manchester Ct SW, Lilburn, GA 30047

$1,792/moEst:

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  • Single Family Residence

  • Built in 1977

  • $-- HOA

  • 20,037.6 sqft lot

  • $146/sq.ft

Description

OWNER FINANCING AVAILABLE — NO BANK QUALIFYING. 25% down, 8% fixed, payments from $1,982/mo (or: 30% down, payments from $1,850/mo). Turnkey, fully furnished short-/mid-term rental with proven in-place income: $28,155 gross revenue over the trailing twelve months, 100% occupancy. Offered as a business in a box — furniture, operating systems, and booking history convey. Built for STR/MTR operators and portfolio investors priced out by bank DSCR loans: close in as little as 21 days and earn from day one. Also available for cash or conventional purchase at list price. Seller financing offered on select assets; terms subject to buyer qualification.


$72K+ PRO FORMA | STAB
LE 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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: November 3, 2026 at 1:04 pm
  • Listing Provided by: James YEH (943) 232-1351 | TruPorch Homes (404) 333-8497
  • Source: First Multiple Listing Service-GA | MLS#: 7862867 First Multiple Listing Service-GA

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Gwinnett Ga County

  • City

    Lilburn

  • Neighborhood

    --

  • Year Built

    1977

  • HOA Fees

    -

  • Finished Area

    2,464 sqft

  • Lot Size

    20,037.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    First Multiple Listing Service

  • MLS Number

    7862867

  • MLS Status

    Active

  • Days on Market

    2

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Appliances

    Dishwasher, Electric Range, Energy Star Qualified Appliances

  • Exterior Features

    None

  • Interior Features

    High Ceilings 9 Ft Lower, Low Flow Plumbing Fixtures

  • Flooring

    Vinyl

  • Heating

    Forced Air

  • Window Features

    None

  • Sewer

    Septic Tank

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 1977

  • Home type

    Single Family Residence

  • Roof

    Composition

  • Construction Materials

    Brick Front, Hardi Plank Type

  • Architectural Style

    Colonial, Traditional

  • Property Condition

    Resale

  • Foundation Details

    None

Utilities & Energy

  • Basement

    None

  • Pool Features

    None

  • Laundry Features

    Lower Level

  • Parking Features

    Garage

  • Fireplace Features

    Family Room

  • Water Source

    Public

  • Utilities

    None

  • Security Features

    None

  • Electric

    110 Volts

Other Features

  • Subdivision Name

    Manchester

  • Community Features

    None

  • Patio And Porch Features

    None

  • Lot Features

    Corner Lot, Private

Price History

DateEventPrice

11/02/2026

Source: mls_logoFirst Multiple Listing Service-GA #7862867

Listed for Sale

$359,995

$146/sqft

11/01/2026

Source: mls_logoFirst Multiple Listing Service-GA #7847736

Listing Removed

$359,995 +21717.88%

$146/sqft

08/20/2017

Source: mls_logoFirst Multiple Listing Service-GA #5877332

Price Decreased

$1,650 -98.94%

$1/sqft

03/29/2017

Source: mls_logoFirst Multiple Listing Service-GA #5803315

Sold

$155,000

$63/sqft

Nearby Homes

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