Norcross, GA 30093,5891 Kay DR
Norcross, GA 30093,5891 Kay DR
Norcross, GA 30093,5891 Kay DR
6
Listed by Destiny Chanel Rosario • Rudhil Companies, LLC
Bought with Johan Cabrera Osorio • Peach State Realty
$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 Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Stonewood 02

MLS Listing ID 10375838

Sold Date 10/16/24

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $4,985

Tax Year 2023

Lot Size 0.430 Acres

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

Rooms

Basement Exterior Entry, Finished

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Exterior

Garage Side/Rear Entrance

Community Features None

Utilities Available Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters

Building

Story Two

Foundation Slab

Sewer Septic Tank

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Meadowcreek

Middle Schools Louise Radloff

High Schools Meadowcreek

Others

Financing Conventional

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Georgia MLS (GAMLS)

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Genene Homer

Realtor | License ID: 385657

+1(470) 440-2547

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