$525,000
Accepting Backup Offers

5891 KAY DRIVE

Norcross, GA 30093
Browse 7 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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 Details
      • ViewTrees/Woods
      • Lot DescriptionOther
    • Measurements
      • Acres0.43
    • Parking
      • Parking FeaturesDriveway
      • Parking TypeDriveway
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1970
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionStonewood 02
    • Location
      • CountyGwinnett - GA
      • Elementary SchoolMeadowcreek
      • High SchoolMeadowcreek
      • Middle SchoolRadloff
  • Financial Details
      • Original List Price$525,000
      • Taxes Annual$4,985
  • Other
      • MLS #7454189

Location

Abdul TukhiReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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