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1416 Manchester Court SW

Lilburn, GA 30047
  • $359,995
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 7847736
UPDATED: 29 min ago
$359,995
  • 4
    BEDS
  • 0.46
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,464
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

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.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-10-15T07:06:52.813. For issues regarding this website, please contact BoomTown.
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1416 Manchester Court SW Lilburn, GA 30047

  • Price: $359,995
  • Status: Active
  • On Site: 13 Days
  • Updated: 29 min ago
  • MLS #: 7847736
4
Beds
2
Baths
1
½ Baths
0.46
Acres
2,464
SQFT
$146
$/SQFT
1977
Built
Neighborhood:
Manchester
County:
Gwinnett - Ga
Area:
Gwinnett - Ga
Elementary School:
Head
Middle School:
Five Forks
High School:
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.
Exterior Features

Architectural Style ColonialTraditional Construction Materials Brick FrontHardiPlank Type Exterior Features None Fencing Fenced Foundation None Horse Amenities None Land Lot 1 Lot Features Corner LotPrivate Number Of Parking Spaces 2 Other Structures None Parking Features Garage Patio And Porch Features None Pool Features None Pool Private YN No Road Surface Paved Road Type Private Road Roof Type Composition Stories Two View Other Waterfront Features None Window Features None

Interior Features

Additional Rooms DenLiving Room Appliances DishwasherElectric RangeENERGY STAR Qualified Appliances Basement None Bedroom Features None Cooling Central Air Dining Room Features Separate Dining Room Fireplace Features Family Room Flooring Vinyl Heating Forced Air Interior Features High Ceilings 9 ft LowerLow Flow Plumbing Fixtures Kitchen Features Cabinets StainEat-in KitchenStone Counters Laundry Features Lower Level Main Bedrooms 0 Main Full Baths 0 Master Bathroom Features Double VanitySoaking Tub Number Of Fireplaces 1

Property Features

Accessibility Features None Association YN No Common Walls No Common Walls Community Features None Electric 110 Volts Green Energy Efficient None Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Land Lease YN No Lot Size Dimensions x 87 Other Equipment None Property Attached YN No Property Condition Resale Security Features None Sewer Septic Tank Spa Features None Special Circumstances None Tax Year 2025 Taxes 5220 Type Single Family Residence Utilities None Water Source Public

Listing provided courtesy of TruPorch Homes: 404-333-8497.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-10-15T07:06:52.813. For issues regarding this website, please contact BoomTown.
 
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