$72K+ PRO FORMA | STABLE CASH FLOW | LILBURN CONVERSION PLAY Instant income meets massive revenue upside. Located in the high-demand Lilburn market, this 2,464 sq. ft. Colonial is a powerhouse asset. Recently occupied this December at a stable market rate, it offers a plug-and-play opportunity for an investor to secure equity now and double their yield later. The Strategy: While currently a 4-bedroom home, the massive footprint and traditional layout (Formal Living, Dining, and Family Room) are perfectly suited for a high-yield co-living conversion. The Numbers: Current Rent: ~$2,200/mo ? Stable income starting Dec 2025. PadSplit Potential:6,000/mo(6,000/mo(72,000/year). The Yield: Nearly 3x the gross revenue utilizing a 6-bedroom conversion model ($1,000/room). The Asset: Premium Finishes: Renovated kitchen with stone counters, brand-new stainless appliances, and durable laminate/tile flooring designed for low-maintenance longevity. Conversion Ready: The separate formal living and dining rooms allow for easy conversion into additional revenue-generating bedrooms without major structural work. Prime Location: Situated in a quiet cul-de-sac on a huge 0.46-acre fenced lot. Zoned for the award-winning Brookwood High district?a Zero Vacancy hotspot for workforce housing. Secure a high-performing asset in a premier Gwinnett submarket. This is a turnkey investment with guaranteed stability and industry-leading pro-forma potential.
Listed By
Agency Name: TruPorch Homes
Agency Phone: 404-333-8497
Shown By
Agent Name: Jemel Smith
Agent Phone: (770) 891-2554
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,341.19 per month $801.19 Principal & Interest $435.00 Property Tax $105.00 Homeowner's Insurance
1416 Manchester Court Sw | MLS# 7750915
This single family home located at 1416 Manchester Court Sw, Lilburn, GA 30047 is currently listed for sale with an asking price of $359,995. This property was built in 1977 and has 4 bedrooms and 2 full and 1 partial baths with 2464 sq. ft. Manchester Court Sw is located in the Manchester subdivision within the Head - Brookwood school district. Search Manchester real estate on www.jemelsmith.realtor today.