1416 Manchester Court SW
Lilburn, GA, 30047
$359,995
- 4beds
- 2.5baths
- 0.46acres
- 1977year built
- 4days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,220, owner’s title insurance $1,800 and credit, flood & data fees $160, priced for Gwinnett, GA with 20% down. Government taxes and recording fees are not included. Restrictions apply.
Questions? Call (804) 648-4357
About this home
- Fireplace
- Garage
- Central air
OWNER FINANCING AVAILABLE — NO BANK QUALIFYING. 25% down, 8% fixed, payments from $1,982/mo (or: 30% down, payments from $1,850/mo). Turnkey, fully furnished short-/mid-term rental with proven in-place income: $28,155 gross revenue over the trailing twelve months, 100% occupancy. Offered as a business in a box — furniture, operating systems, and booking history convey. Built for STR/MTR operators and portfolio investors priced out by bank DSCR loans: close in as little as 21 days and earn from day one. Also available for cash or conventional purchase at list price. Seller financing offered on select assets; terms subject to buyer qualification. $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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Location
Property details
Important details
- Status
- Active
- Date listed
- 11/1/2026
- Time on Market
- 4 days
- Property Type
- Single Family Residence
- List Price
- $359,995
- Lot Size
- 0.46 acres
- Year Built
- 1977
- County
- Gwinnett
- Community
- Manchester
- HOA
- No
Interior details
- Bathrooms
- 2 Full, 1 Half
- Basement
- None
- Fireplace
- Yes (1) - Family Room
- Heating
- Forced Air
- Cooling
- Central Air
- Rooms
- 4 Bedrooms
- Appliances
- Dishwasher, Electric Range, ENERGY STAR Qualified Appliances
- Interior Features
- Eat-in Kitchen, Low Flow Plumbing Fixtures
Building & lot
Building
- Architectural Style
- Colonial, Traditional
- Property Type
- Single Family Residence
- Year Built
- 1977
- Flooring
- Vinyl
- Roof
- Composition
- Construction
- HardiPlank Type
Lot Info
- Lot Size
- 0.46 acres
- Parcel Number
- R6085 064
Exterior Features
- Exterior Features
- None
- Fencing
- Fenced
- Pool
- No
Parking
- Parking Features
- Garage
- Garage
- Yes
Ownership
Community details
School Districts
- Elementary
- Head
- Middle
- Five Forks
- High
- Brookwood
Utilities
- Sewer
- Septic Tank
- Water
- Public
Neighborhood
- Subdivision
- Manchester
- HOA
- No
Taxes & Assessment
- Annual Tax
- $5,220
- Tax Year
- 2025
Listing information
Listing Details
- MLS System
- FMLS
- MLS ID
- 7862867
- MLS Status
- Active
Listed by: TruPorch Homes
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