Under Contract
$490,000

1050 Falling Water Lane Norcross, GA 30093

  • 7   Bedrooms
  • 4   Bathrooms
  • 3,054 SQ FTSource: Appraiser
1050 Falling Water Lane 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.

Schools

  • Elementary
    Ferguson
  • Middle
    Radloff
  • High
    Meadowcreek
  • Location

  • Subdivision
    Parklake
  • Zip Code
    30093
  • City
    Norcross
  • County
    Gwinnett - GA
  • Property Data

  • Status
    Pending
  • MLS #
    7452260
  • Type
    Residential
  • Interior

  • Bedrooms
    7
  • Bathrooms
    4
  • Bedroom Description
    In-Law Floorplan, Roommate Floor Plan, Split Bedroom Plan
  • Rooms
    Dining Room, Kitchen, Laundry
  • Features
    Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Wet Bar
  • Kitchen
    Cabinets White, Pantry, Solid Surface Counters
  • Appliances
    Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • HVAC
    Ceiling Fan(s), Central Air, Electric, Zoned
  • Fireplaces
    1
  • Fireplace Description
    Factory Built, Family Room, Gas Log, Gas Starter
  • Basement
    Daylight, Exterior Entry, Finished, Finished Bath, Full, Walk-Out Access
  • Exterior

  • Style
    Traditional
  • Construction
    Vinyl Siding
  • Built In
    1993
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Driveway, On Street
  • Features
    Garden, Private Yard
  • Services
    Near Public Transport, Near Schools, Near Shopping, Park, Restaurant
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Lot Description
    Back Yard, Front Yard, Level
  • Lot Dimensions
    x 60
  • Acres
    0.17
  • Listing Provided Courtesy Of: The Promise Realty Group, LLC 678-677-3547

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    Data Last updated on November 5, 2024 10:30pm

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