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$550,000

Est. payment - /mo

0.38 Acres Lot

Active Under Contract

5155 Wexford LN #A & B Norcross, GA 30071

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Nicole Van Den Bergh

[email protected] +1(770) 283-1223

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Wexford

MLS Listing ID 10471116

HOA Y/N Yes

Originating Board Georgia MLS 2

Year Built 1982

Tax Year 2025

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 16552.8

Property Sub-Type Multi Family,Duplex

Property Description

Behold the holy grail of PadSplits! This 5/2.5 (x2) Duplex in Norcross is occupied, well-maintained, and cash-flowing very well. Last year this rental property generated over $99,000 in rents. After expenses and management this is a 7.9% cap investment! The lower bedroom count per unit and being in a neighborhood with many other multifamily homes translates to lower risk for you. It has ample parking to keep the property orderly and the neighbors happy. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but also provides a great investment for its owner. All members are professionally screened by PadSplit and required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is directly deposited into the owner's bank account based on the home's performance from the previous month. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Location

State GA

County Gwinnett

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplaces Number 2

Fireplace Yes

Exterior

Parking Features Off Street

Garage Spaces 8.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 8

Garage No

Private Pool No

Building

Faces Start by heading south on I-85 N from downtown Atlanta. Take Exit 101 for Indian Trail Lilburn Rd. Turn left, then left again onto Beaver Ruin Rd. Continue on Beaver Ruin Rd for about a little less than a mile, then turn left onto Wexford Dr. Your destination, 5155 Wexford Ln, will be on your left.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Norcross

Middle Schools Summerour

High Schools Out Of Area

Others

HOA Fee Include Other

Tax ID R6226 349

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

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Nicole Van Den Bergh

Broker | License ID: 381292

+1(770) 283-1223

5155 Wexford LN #A & B Norcross, GA 30071

Nicole Van Den Bergh

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5155 Wexford LN #A & B

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