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    Sugar Hill, GA 30518
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$329,995
For Sale

2621 Bailey Drive

Norcross, GA 30071
0.35 acres | #7714532
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2621 Bailey Drive
40 photos
Type:Purchase
Structure:House
Zone:Residential

Description

$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAY Stop settling for standard yields. This renovated Norcross asset offers immediate rental income today with a massive 2X revenue upside for tomorrow. Currently occupied at $2,600/mo, the functional layout is perfectly positioned for a high-yield co-living conversion. The Numbers: Current Rent: 2,600/mo(2,600/mo(31,200/yr) — Start earning Day 1. PadSplit Potential: 5,000/mo(5,000/mo(60,000/yr). The Delta: Nearly double your gross revenue utilizing a 5-bedroom model ($1,000/room). The Asset: Renovated & Durable: Features new hardwood floors and new appliances—built to minimize maintenance and withstand high-occupancy use. Easy Conversion: Separate living, dining, and family rooms provide a seamless path to adding two additional revenue-generating rooms without major structural changes. Location: Quiet cul-de-sac just off Beaver Ruin and Buford Hwy. Minutes from I-85 and major employment hubs. NO HOA. Secure your equity now and scale your cash flow later. This is a turnkey, low-maintenance investment in a "Zero Vacancy" workforce housing pocket.

  • Property Details
      • Utility FeaturesElectricity Available
      • SubdivisionEdgemoor North
      • CountyGwinnett - GA
      • Sewer InformationPublic Sewer
      • Elementary SchoolBeaver Ridge
      • CoolingCentral Air
      • ViewTrees/Woods
      • Middle SchoolSummerour
      • Property TypePurchase
      • High SchoolNorcross
      • Original List Price$329,995
      • HeatingCentral
      • MLS #7714532
      • MLS #7714532
      • Parking FeaturesGarage
      • Parking TypeGarage
      • Utility SourcePublic
      • Taxes Annual$3,524
      • Cost329995
      • Property ConditionResale
      • Lot FeaturesOther
      • Lot DescriptionOther
      • RoofOther
      • Community FeaturesOther
      • Property SubtypeOther
      • Acres0.35
      • Year Built1971

Location

Legal

​ Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.​

Last Updated: 09/17/2025 9:42 AM. Source: FMLS

Provided By
Listing Agent: James YEH (#JIMMYYEH)
Listing Office: TruPorch Homes (#YANK01)

Marizney Briceno AbrilReal Estate Group
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