Norcross, GA 30093,5891 KAY DR
Norcross, GA 30093,5891 KAY DR
Norcross, GA 30093,5891 KAY DR
7
$535,000
$525,000
1.9%
Est.Price: ?

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0.43 Acres Lot

5891 KAY DR Norcross, GA 30093

Est. payment /mo
SOLD DATE : 10/16/2024

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Key Details

Sold Price $535,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Stonewood 02

MLS Listing ID 7454189

Sold Date 10/16/24

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1970

Annual Tax Amount $4,985

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

Property 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

Location

State GA

County Gwinnett

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile, Hardwood

Window Features None

Exterior

Parking Features Driveway

Fence Back Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Trees/Woods

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Other

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type Brick,Brick 4 Sides

New Construction No

Construction Status Resale

Schools

Elementary Schools Meadowcreek

Middle Schools Radloff

High Schools Meadowcreek

Others

Senior Community no

Tax ID R6196 053

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Rudhil Companies, LLC
Bought with Peach State Realty

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Chase Dean

Agent | License ID: 390305

+1(770) 893-7308

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