1050 Falling Water LN Pending Save Request In-Person Tour Request Virtual Tour
Norcross,GA 30093
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 3,054 sqft
Price per Sqft $160
Subdivision Parklake
MLS Listing ID 7452260
Style Traditional
Bedrooms 7
Full Baths 4
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1993
Annual Tax Amount $6,080
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Great INVESTMENT opportunity with furnishings and tenants included. New laminate floor. Welcome to this unique and versatile single-family home in Norcross, GA, offering an incredible investment opportunity or a perfect fit for a large family or roommates. Located just minutes from I-85, schools, and shopping, this property combines convenience with exceptional rental potential. Boasting 7 bedrooms and 4 bathrooms, this expansive home features two full kitchens and an additional kitchenette and two laundries; one in each floor, making it ideal for multi-generational living or shared housing. With three separate entries, the layout provides privacy and independence for everyone, whether you’re accommodating tenants, roommates, or extended family members. Currently leased and generating a monthly rental income of $3,600 with half occupancy, this property has the potential to bring in up to $5,000 per month with full occupancy. Tenants are flexible and can either stay or vacate based on the new owner’s preference, offering you the flexibility to maintain the current arrangement or customize the home to your needs. The property’s proximity to major highways, schools, and shopping centers ensures that you’ll always be close to all essential amenities. Whether you’re looking to maximize your rental income or searching for a home that can comfortably accommodate a large household, this property is an outstanding opportunity. Don’t miss out on this versatile home with impressive investment potential.
Location
State GA
County Gwinnett
Lake Name None
Rooms
Bedroom Description In-Law Floorplan,Roommate Floor Plan,Split Bedroom Plan
Other Rooms None
Basement Daylight,Exterior Entry,Finished,Finished Bath,Full,Walk-Out Access
Main Level Bedrooms 3
Dining Room Seats 12+,Separate Dining Room
Interior
Interior Features Disappearing Attic Stairs,Double Vanity,Entrance Foyer 2 Story,High Ceilings 9 ft Main,High Speed Internet,Tray Ceiling(s),Wet Bar
Heating Forced Air,Natural Gas,Zoned
Cooling Ceiling Fan(s),Central Air,Electric,Zoned
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Factory Built,Family Room,Gas Log,Gas Starter
Window Features Double Pane Windows,Insulated Windows
Appliance Dishwasher,Disposal,Dryer,Gas Range,Gas Water Heater,Microwave,Refrigerator,Washer
Laundry In Kitchen,Laundry Room,Lower Level,Main Level
Exterior
Exterior Feature Garden,Private Yard
Garage Driveway,On Street
Fence Back Yard,Fenced,Wood
Pool None
Community Features Near Public Transport,Near Schools,Near Shopping,Park,Restaurant
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Water Available
Waterfront Description None
Roof Type Composition
Street Surface Paved
Accessibility None
Handicap Access None
Porch Deck
Parking Type Driveway,On Street
Private Pool false
Building
Lot Description Back Yard,Front Yard,Level
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Ferguson
Middle Schools Radloff
High Schools Meadowcreek
Others
Senior Community no
Restrictions false
Tax ID R6174 565
Special Listing Condition None