Active
$550,000

5155 Wexford Lane Norcross, GA 30071

5155 Wexford Lane Behold the holy grail of PadSplits! This 5/2.5 (x2) Duplex in Norcross is occupied, well-maintained, and cash-flowing very well. Last year this rental property generated over $99,000 in rents. After expenses and management this is a 7.9% cap investment! The lower bedroom count per unit and being in a neighborhood with many other multifamily homes translates to lower risk for you. It has ample parking to keep the property orderly and the neighbors happy. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but also provides a great investment for its owner. All members are professionally screened by PadSplit and required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is directly deposited into the owner's bank account based on the home's performance from the previous month. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Schools

  • Elementary
    Norcross
  • Middle
    Summerour
  • High
    Gwinnett - Other
  • Location

  • Subdivision
    Wexford
  • Zip Code
    30071
  • City
    Norcross
  • County
    Gwinnett - GA
  • Property Data

  • Status
    Active
  • MLS #
    7534711
  • Type
    Residential Income
  • Exterior

  • Construction
    Brick, Vinyl Siding
  • Built In
    1982
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Driveway
  • Utilities
    Electricity Available, Sewer Available, Water Available
  • Lot Dimensions
    51x63x120x110x63x85
  • Acres
    0.38
  • Listing Provided Courtesy Of: Keller Williams Realty Metro Atlanta 404-564-5560

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    Data Last updated on April 5, 2025 7:54pm

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