BEDS4
BATHS2 full 1 partial
SQUARE FEET2,464
MLS#7847736
STATUS
PROPERTY TYPEResidential - Single Family
SUBDIVISIONManchester
SCHOOLHead - Brookwood
Property Description
$72K+ PRO FORMA | STABLE CASH FLOW | LILBURN CONVERSION PLAY Instant income meets massive revenue upside. Located in the high-demand Lilburn market, this 2,464 sq. ft. Colonial is a powerhouse asset. Recently occupied this December at a stable market rate, it offers a plug-and-play opportunity for an investor to secure equity now and double their yield later. The Strategy: While currently a 4-bedroom home, the massive footprint and traditional layout (Formal Living, Dining, and Family Room) are perfectly suited for a high-yield co-living conversion. The Numbers: Current Rent: ~$2,200/mo ? Stable income starting Dec 2025. PadSplit Potential:6,000/mo(6,000/mo(72,000/year). The Yield: Nearly 3x the gross revenue utilizing a 6-bedroom conversion model ($1,000/room). The Asset: Premium Finishes: Renovated kitchen with stone counters, brand-new stainless appliances, and durable laminate/tile flooring designed for low-maintenance longevity. Conversion Ready: The separate formal living and dining rooms allow for easy conversion into additional revenue-generating bedrooms without major structural work. Prime Location: Situated in a quiet cul-de-sac on a huge 0.46-acre fenced lot. Zoned for the award-winning Brookwood High district?a Zero Vacancy hotspot for workforce housing. Secure a high-performing asset in a premier Gwinnett submarket. This is a turnkey investment with guaranteed stability and industry-leading pro-forma potential.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Forced Air
Home Style: Colonial, Traditional
Lot Size: 0.46 Acres
Roof Type: Composition
Taxes: $5,220
Year Built: 1977
Feature Descriptions
Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances
Days on Site: 7
Dining: Separate Dining Room
Exterior: Brick Front, HardiPlank Type
Fireplace: Family Room
Interior: High Ceilings 9 ft Lower, Low Flow Plumbing Fixtures
Kitchen: Cabinets Stain, Eat-in Kitchen, Stone Counters
Laundry: Lower Level
Lot: Corner Lot, Private
Lot Dimensions: x 87
Master Bath: Double Vanity, Soaking Tub
Parking Notes: Garage
Parking Total: 2
Road Frontage: Private Road
Road Surface: Paved
Sewer: Septic Tank
Water: Public
Local Schools
High School: Brookwood
Middle School: Five Forks
Elementary School: Head
School District: Head - Brookwood
Listed By / Shown By
Listed By
Agency Name: TruPorch Homes
Agency Phone: 404-333-8497
Shown By
Agent Name: Larry Hall
Agent Phone: (423) 827-2302
Agency Title: Crye-Leike Real Estate Services
Source: FMLS
Estimate Your Payment
Estimated Payment
$ 1,341.19 per month $801.19 Principal & Interest $435.00 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
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1416 Manchester Court Sw | MLS# 7847736
This single family home located at 1416 Manchester Court Sw, Lilburn, GA 30047 is currently listed for sale with an asking price of $359,995. This property was built in 1977 and has 4 bedrooms and 2 full and 1 partial baths with 2464 sq. ft. Manchester Court Sw is located in the Manchester subdivision within the Head - Brookwood school district. Search Manchester real estate on larryrhall.crye-leike.com today.