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Jordan Gallup

[email protected] +1(904) 760-9393

Listed by Yousun Song • The Promise Realty Group

$ 490,000

Est. payment -/mo

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Under Contract

1050 Falling Water LN Norcross, GA 30093

7 Beds

4 Baths

3,054 SqFt

UPDATED:

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

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

Jordan Gallup

1050 Falling Water LN Norcross, GA 30093

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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1050 Falling Water LN