5891 KAY DRIVE
Norcross, GA 30093
0.43 acres | #7454189
Description
This home presents a truly exceptional investment opportunity in the heart of Norcross, Georgia. This meticulously designed property offers multiple income streams through its ingenious layout. Originally built as a duplex, it has been reimagined for maximum potential, now featuring 2 distinct rental units and an additional basement space that is currently producing income. The is can generate over $4,000 in monthly income, with potential for rental increase to market value.
This versatile property offers a spacious 3-bedroom, 2-bathroom unit (Unit A), complemented by two additional 2-bedroom, 1-bathroom units, totaling an impressive 7 bedrooms and 4 bathrooms. Key features include durable all-brick construction, wood and tile flooring throughout, and ample parking space, all situated in the prime location of Norcross.
Perfect for savvy investors seeking strong cash flow, owner-occupants desiring built-in rental income, or multi-generational families requiring separate living spaces, this property offers unparalleled flexibility. Live in one unit while renting the others, or maximize your returns by leasing all units. The basement's clever conversion sets this property apart from typical duplexes. DO NOT DISTURB TENANTS
Property Details
- ViewTrees/Woods
- Lot DescriptionOther
Measurements
- Acres0.43
Parking
- Parking FeaturesDriveway
- Parking TypeDriveway
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1970
Utilities / Energy Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Sewer InformationSeptic Tank
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionStonewood 02
Location
- CountyGwinnett - GA
- Elementary SchoolMeadowcreek
- High SchoolMeadowcreek
- Middle SchoolRadloff
Financial Details
- Original List Price$525,000
- Taxes Annual$4,985
Other
- MLS #7454189
Location
Legal
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.
Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Destiny Chanel Rosario (#DROSARIO)
Listing Office: Rudhil Companies, LLC (#RUDH01)
Listing Courtesy (Buyer)
Buyer's Agent: Johan Cabrera (#CABRERAO)