1050 Falling Water Lane
Norcross, GA 30093
$490,000
Great INVESTMENT opportunity with furnishings and tenants included. New laminate floor. Welcome to this unique and versatile single-family home in Norcross, GA, offering an incredible investment opportunity or a perfect fit for a large family or roommates. Located just minutes from I-85, schools, and shopping, this property combines convenience with exceptional rental potential. Boasting 7 bedrooms and 4 bathrooms, this expansive home features two full kitchens and an additional kitchenette and two laundries; one in each floor, making it ideal for multi-generational living or shared housing. With three separate entries, the layout provides privacy and independence for everyone, whether you’re accommodating tenants, roommates, or extended family members. Currently leased and generating a monthly rental income of $3,600 with half occupancy, this property has the potential to bring in up to $5,000 per month with full occupancy. Tenants are flexible and can either stay or vacate based on the new owner’s preference, offering you the flexibility to maintain the current arrangement or customize the home to your needs. The property’s proximity to major highways, schools, and shopping centers ensures that you’ll always be close to all essential amenities. Whether you’re looking to maximize your rental income or searching for a home that can comfortably accommodate a large household, this property is an outstanding opportunity. Don’t miss out on this versatile home with impressive investment potential.
- SubdivisionParklake
- Zip Code30093
- CityNorcross
- CountyGwinnett - GA
Location
- ElementaryFerguson
- JuniorRadloff
- HighMeadowcreek
Schools
- StatusPending
- MLS #7452260
- TypeResidential
MLS Data
- Bedrooms7
- Bathrooms4
- Bedroom DescriptionIn-Law Floorplan, Roommate Floor Plan, Split Bedroom Plan
- RoomsDining Room, Kitchen, Laundry
- BasementDaylight, Exterior Entry, Finished, Finished Bath, Full, Walk-Out Access
- FeaturesDisappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Vaulted Ceiling(s), Wet Bar
- KitchenCabinets White, Pantry, Solid Surface Counters
- AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
- HVACCeiling Fan(s), Central Air, Electric, Zoned
- Fireplaces1
- Fireplace DescriptionFactory Built, Family Room, Gas Log, Gas Starter
Interior Details
- StyleTraditional
- ConstructionVinyl Siding
- Built In1993
- StoriesArray
- ParkingDriveway, On Street
- FeaturesGarden, Private Yard
- ServicesNear Public Transport, Near Schools, Near Shopping, Park, Restaurant
- UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
- SewerPublic Sewer
- Lot DescriptionBack Yard, Front Yard, Level
- Lot Dimensionsx 60
- Acres0.17
Exterior Details
Listing Provided Courtesy Of: The Promise Realty Group, LLC 678-677-3547
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Data Last updated on November 21, 2024 9:30am