1050 Falling Water LN Under Contract Save Request In-Person Tour Request Virtual Tour
Norcross,GA 30093
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,054 sqft
Price per Sqft $160
Subdivision Parklake
MLS Listing ID 10373663
Style Traditional
Bedrooms 7
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1993
Annual Tax Amount $6,080
Tax Year 2023
Lot Size 7,405 Sqft
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.
Location
State GA
County Gwinnett
Rooms
Basement Bath Finished,Daylight,Exterior Entry,Finished,Full
Main Level Bedrooms 3
Interior
Interior Features Double Vanity,High Ceilings,In-Law Floorplan,Pulldown Attic Stairs,Roommate Plan,Split Bedroom Plan,Tray Ceiling(s),Vaulted Ceiling(s),Wet Bar
Heating Forced Air,Natural Gas,Zoned
Cooling Ceiling Fan(s),Central Air,Electric,Zoned
Flooring Laminate,Tile,Vinyl
Fireplaces Number 1
Fireplaces Type Family Room,Gas Log,Gas Starter
Exterior
Exterior Feature Garden
Garage None
Fence Back Yard,Fenced,Wood
Community Features Park,Walk To Public Transit,Walk To Schools,Walk To Shopping
Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Water Available
Roof Type Composition
Building
Story Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Structure Type Garden
Construction Status Resale
Schools
Elementary Schools Ferguson
Middle Schools Louise Radloff
High Schools Meadowcreek