- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$299,995
Monthly Est:$1,493
-- Bed
-- Bath
--sqft
2621 Bailey Dr, Norcross, GA 30071
$299,995
$1,493/moEst:
Get Pre-Approved
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 $2,465/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.
- Houzeo last checked: 4 hours ago
- Listing updated: October 2, 2026 at 9:29 am
- Listing Provided by: James YEH (404) 333-8497 | TruPorch Homes (404) 333-8497
- Source: First Multiple Listing Service-GA | MLS#: 7847771
Part of
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
7847771
MLS Status
Active
Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Window Features
None
Heating
Central
Sewer
Public Sewer
Cooling
Central Air
Construction
Year Built
Year Built: 1971
Home type
Multi Family
Roof
Other
Property Condition
Resale
Construction Materials
Other
Utilities & Energy
Security Features
None
Utilities
Electricity Available
Parking Features
Garage
Water Source
Public
Other Features
Subdivision Name
Edgemoor North
Community Features
Other
Lot Features
Other
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listing Removed | $299,995 $0/sqft |
10/01/2026 Source: | Listed for Sale | $299,995 $0/sqft |
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