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1050 Falling Water Lane

Norcross, GA 30093
  • $490,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 10373663
Price Reduced
UPDATED: 47 min ago
$490,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,054
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1993
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Reign | Give Back Real Estate | eXp Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-10-07T10:10:19.397.
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1050 Falling Water Lane Norcross, GA 30093

  • Price: $490,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 47 min ago
  • MLS #: 10373663
7
Beds
4
Baths
0
½ Baths
0.17
Acres
3,054
SQFT
$160
$/SQFT
1993
Built
Neighborhood:
Parklake
County:
Gwinnett
Area:
Norcross
Elementary School:
Ferguson
Middle School:
Louise Radloff
High School:
Meadowcreek
Property Description
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.
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport YN No Common Walls No Common Walls Construction Materials Vinyl Siding Exterior Features Garden Fencing Back YardFencedWood Foundation Details Slab Garage YN No Levels Two Lot Features LevelPrivate Lot Size Area 7405.2 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None Parking Total 0 Patio And Porch Features Deck Roof Composition Total Number Of Slips 0 View YN No Window Features Double Pane Windows

Interior Features

Above Grade Finished Area 1577 Above Grade Finished Area Units Square Feet Appliances DishwasherDisposalDryerGas Water HeaterMicrowaveRefrigeratorWasher Basement Finished BathDaylightExterior EntryFinishedFull Below Grade Finished Area 1477 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 3054 Building Area Units Square Feet Cooling Ceiling Fan(s)Central AirElectricZoned Cooling YN Yes Dining Room Features Seats 12+Separate Room Fireplace Features Family RoomGas LogGas Starter Fireplace YN Yes Fireplaces Total 1 Flooring LaminateTileVinyl Heating Forced AirNatural GasZoned Heating YN Yes Interior Features Double VanityHigh CeilingsIn-Law FloorplanRoommate PlanSplit Bedroom PlanTray Ceiling(s)Vaulted Ceiling(s)Wet Bar Kitchen Features PantrySolid Surface Counters Laundry Features In HallIn Kitchen Living Area Source Appraiser Living Area Units Square Feet Main Level Bathrooms 2 Main Level Bedrooms 3 Rooms Family RoomLaundry

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features ParkNear Public TransportWalk To SchoolsNear Shopping Electric 220 Volts Electric On Property YN Yes Es Bus Yn Yes Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Ms Bus Yn Yes New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Security Features Smoke Detector(s) Sewer Public Sewer Structure Type House Tax Annual Amount 6080 Tax Year 2023 Utilities Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailablePhone AvailableWater Available Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of The Promise Realty Group: 678-677-3547. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Reign | Give Back Real Estate | eXp Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-10-07T10:10:19.397.
 
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