GA > Norcross > Wexford
Norcross, GA 30071,5155 Wexford LN
Norcross, GA 30071,5155 Wexford LN
Norcross, GA 30071,5155 Wexford LN
Norcross, GA 30071,5155 Wexford LN
Norcross, GA 30071,5155 Wexford LN
Norcross, GA 30071,5155 Wexford LN
Susan Powell
Susan Powell

Realtor | Lic# 267666

+1(678) 358-7210

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$ 555,000

$ 550,000 0.9%

Est. payment | /mo

0.38 Acres Lot

$ 555,000

$ 550,000 0.9%

Est. payment | /mo

0.38 Acres Lot

Key Details

Sold Price $555,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Wexford

MLS Listing ID 7534711

Sold Date 04/11/25

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1982

Tax Year 2025

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Duplex

Property Description

Behold the holy grail of PadSplits! This 5/2.5 (x2) Duplex in Norcross is occupied, well-maintained, and cash-flowing very well. Last year this rental property generated over $99,000 in rents. After expenses and management this is a 7.9% cap investment! The lower bedroom count per unit and being in a neighborhood with many other multifamily homes translates to lower risk for you. It has ample parking to keep the property orderly and the neighbors happy. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but also provides a great investment for its owner. All members are professionally screened by PadSplit and required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is directly deposited into the owner's bank account based on the home's performance from the previous month. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Location

State GA

County Gwinnett

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Hardwood, Tile

Window Features None

Exterior

Parking Features Driveway

Fence Back Yard, Wood

Community Features None

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Neighborhood

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 8

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Norcross

Middle Schools Summerour

High Schools Gwinnett - Other

Others

Senior Community no

Tax ID R6226 349

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta
Bought with True Legacy Realty, LLC.

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agent
Susan Powell

Realtor | Lic# 267666

+1(678) 358-7210

3107 Peachtree Rd NE a1, Atlanta, GA, 3030

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5155 Wexford LN