2621 Bailey Drive, Norcross, GA 30071

Norcross
Local realty services provided by:ERA Towne Square Realty, Inc.
2621 Bailey Drive,Norcross, GA 30071
$299,995
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james yeh
Office: truporch homes
MLS#:7847771
Source:FIRSTMLS

Price summary

  • Price:$299,995

About this home

$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 $2,465/mo, the functional layout is perfectly positioned for a high-yield co-living conversion. The Numbers: Current Rent: 2,465/mo (29,580/yr), Start earning Day 1. PadSplit Potential: 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...

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Home facts

  • Year built:1971
  • Subdivision & Development:Edgemoor North
  • Listing ID #:7847771
  • Updated:October 05, 2026 at 01:33 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1971
  • Lot area:0.35 Acres
  • Levels:2 Story

Schools

  • High school:Norcross
  • Middle school:Summerour
  • Elementary school:Beaver Ridge

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,995
  • Tax amount:$3,524 (2024)

Parking

  • Parking description:Garage
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