






$299,995
· 15,246 sqft lot
2621 Bailey Dr, Norcross, GA 30071
Multi-family · Built 1971 ·
$1,819/mo est. payment
$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAY OWNER FINANCING AVAILABLE - NO BANK QUALIFYING. 25% down, 8% fixed, payments from $1,651/mo (or: 30% down, payments from $1,541/mo). Turnkey, fully furnished short-/mid-term rental with proven in-place income: $29,580 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. 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.
Summerour Middle School
middle · 6-8 · 1.0 mi
Norcross Elementary School
elementary · K-5 · 1.2 mi
Answer Center Christian Academy
elementary · 3-12 · 0.5 mi
Gwinnett Intervention Education Center (Give) West
middle · 6-12 · 1.8 mi
Beaver Ridge Elementary School
elementary · K-5 · 0.9 mi
Torch and Sword Christian Academy
elementary · 2-11 · 1.1 mi
$296,650
Listed by JIMMY YEH · TruPorch Homes · FMLS