Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
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Price Drop: $20K (02/05) 
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Street View
$299,995
-- Bed
-- Bath
--sqft
2621 Bailey Dr, Norcross, GA 30071
$299,995
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Multi Family
Built in 1971
$-- HOA
15,246 sqft lot
--/sqft
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 $2,600/mo, the functional layout is perfectly positioned for a high-yield co-living conversion.
The Numbers:
Current Rent: 2,600/mo(2,600/mo(31,200/yr), Start earning Day 1.
PadSplit Potential: 5,000/mo(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 with...
- Houzeo last checked: 55 Minutes ago
- Listing updated: March 4, 2026 at 5:01 pm
- Listing Provided by: James YEH (404) 333-8497 | TruPorch Homes (404) 333-8497
- Source: First Multiple Listing Service-GA | MLS#: 7714532
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1971
HOA Fees
-
Finished Area
- sqft
Lot Size
15,246 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7714532
MLS Status
Active
Days on Market
28
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