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Street View
$359,995
Monthly Est:$1,792
4 Beds
- 3 Baths
2 full baths + 1 half bath
2,464sqft
1416 Manchester Ct SW, Lilburn, GA 30047
$359,995
$1,792/moEst:
Get Pre-Approved
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 | 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.
- 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

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
11/02/2026 Source: | Listed for Sale | $359,995 $146/sqft |
11/01/2026 Source: | Listing Removed | $359,995 +21717.88% $146/sqft |
08/20/2017 Source: | Price Decreased | $1,650 -98.94% $1/sqft |
03/29/2017 Source: | Sold | $155,000 $63/sqft |
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