Description
$96K PRO FORMA | VACANT | 8-BEDROOM CONVERSION PLAY Stop chasing 6% yields. Turn this massive, recently renovated tri-level into an $8,000/month cash machine. The Strategy: Currently a 5BR/3BA, the spacious floor plan is a "blank slate" perfectly suited for a high-yield conversion. By utilizing the finished basement and secondary living areas, you can easily scale to an 8-Bedroom Co-Living Powerhouse. The Numbers: Pro-Forma Income: 96,000/Year(96,000/Year(1,000/room x 8) Cap Rate: 20%+ potential once stabilized Status: VACANT. No tenants to displace, start your build-out on Day 1. The Asset: Built for high-density durability with hardwood floors, a modern kitchen, and fully renovated bathrooms. Situated on a huge 0.45-acre lot with a massive driveway for multi-tenant parking and NO HOA restrictions. The Location: A "Zero Vacancy" pocket of Lawrenceville. Minutes from Gwinnett Place Mall and I-85. This is a plug-and-play asset for the investor ready to dominate the workforce housing market.
-
0BEDS
-
0.77ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
$96K PRO FORMA | VACANT | 8-BEDROOM CONVERSION PLAY Stop chasing 6% yields. Turn this massive, recently renovated tri-level into an $8,000/month cash machine. The Strategy: Currently a 5BR/3BA, the spacious floor plan is a "blank slate" perfectly suited for a high-yield conversion. By utilizing the finished basement and secondary living areas, you can easily scale to an 8-Bedroom Co-Living Powerhouse. The Numbers: Pro-Forma Income: 96,000/Year(96,000/Year(1,000/room x 8) Cap Rate: 20%+ potential once stabilized Status: VACANT. No tenants to displace, start your build-out on Day 1. The Asset: Built for high-density durability with hardwood floors, a modern kitchen, and fully renovated bathrooms. Situated on a huge 0.45-acre lot with a massive driveway for multi-tenant parking and NO HOA restrictions. The Location: A "Zero Vacancy" pocket of Lawrenceville. Minutes from Gwinnett Place Mall and I-85. This is a plug-and-play asset for the investor ready to dominate the workforce housing market.
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 2026-04-13T00:03:36.187. For issues regarding this website, please contact BoomTown.