5891 Kay Drive Norcross, GA 30093
This home presents a truly exceptional investment opportunity in the heart of Norcross, Georgia. This meticulously designed property offers multiple income streams through its ingenious layout. Originally built as a duplex, it has been reimagined for maximum potential, now featuring 2 distinct rental units and an additional basement space that is currently producing income. The is can generate over $4, 000 in monthly income, with potential for rental increase to market value. This versatile property offers a spacious 3-bedroom, 2-bathroom unit (Unit A), complemented by two additional 2-bedroom, 1-bathroom units, totaling an impressive 7 bedrooms and 4 bathrooms. Key features include durable all-brick construction, wood and tile flooring throughout, and ample parking space, all situated in the prime location of Norcross. Perfect for savvy investors seeking strong cash flow, owner-occupants desiring built-in rental income, or multi-generational families requiring separate living spaces, this property offers unparalleled flexibility. Live in one unit while renting the others, or maximize your returns by leasing all units. The basement's clever conversion sets this property apart from typical duplexes. DO NOT DISTURB TENANTS
- Property TypeMulti-Family
- NeighborhoodStonewood 02
- CountyGwinnett
- Taxes$4,985
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive Under Contract
- MLS ID Number10375838
- Home Size Source N/A
- Year Built1970
- Lot Size0.43 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Side/ Rear Entrance
- Sewer Septic Tank
- Basement Exterior EntryFinished
- Number of Stories 2
- Acreage 0.43
- Water Public
- Utilities Sewer Connected
- Foundation Slab
Interior Features
- Cooling Ceiling Fan(s)Central Air
- Heating Central
- Fireplaces 0
Community Features
- Community Features None