Description
HIGH-YIELD INVESTMENT | 7BR/3BA | VACANT & READY FOR MAXIMUM INCOME 355 Shannon Way is a turnkey home in Lawrenceville, designed for investors ready to scale returns. Completely vacant and recently updated, it’s positioned to capitalize immediately on high-demand co-living or PadSplit strategies, with the ability to convert the garage into two additional bedrooms for a total of 7 income-producing rooms. The 7-Bedroom Pro Forma: Traditional 5BR Rent: $2,700/mo ($32,400/yr) PadSplit with 7 Bedrooms: $7,000/mo ($84,000/yr) The Investor Upside: The 7-bedroom co-living model delivers $51,600+ in additional annual income compared to traditional leasing, nearly triple the gross revenue potential. Why 355 Shannon Way Stands Out: Immediate Start: Vacant and move-in ready. Begin renting within days. Built to Last: Hardwood floors, fresh carpet, and cement siding reduce maintenance and turnover costs. Flexible Layout: 5 existing bedrooms + 3 full baths, plus a garage easily convertible into 2 additional bedrooms, ideal for maximizing occupancy in a shared housing model. Expansion Ready: Finished basement, multiple living areas, and a 0.45-acre lot with a private deck and no HOA restrictions. This isn’t just another rental. It’s a revenue-engine property structured for today’s high-yield housing models, backed by a 20% cap rate and immediate cash flow potential.
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0BEDS
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0.45ACRES
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0BATHS
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01/2 BATHS
School Information
Description
HIGH-YIELD INVESTMENT | 7BR/3BA | VACANT & READY FOR MAXIMUM INCOME 355 Shannon Way is a turnkey home in Lawrenceville, designed for investors ready to scale returns. Completely vacant and recently updated, it’s positioned to capitalize immediately on high-demand co-living or PadSplit strategies, with the ability to convert the garage into two additional bedrooms for a total of 7 income-producing rooms. The 7-Bedroom Pro Forma: Traditional 5BR Rent: $2,700/mo ($32,400/yr) PadSplit with 7 Bedrooms: $7,000/mo ($84,000/yr) The Investor Upside: The 7-bedroom co-living model delivers $51,600+ in additional annual income compared to traditional leasing, nearly triple the gross revenue potential. Why 355 Shannon Way Stands Out: Immediate Start: Vacant and move-in ready. Begin renting within days. Built to Last: Hardwood floors, fresh carpet, and cement siding reduce maintenance and turnover costs. Flexible Layout: 5 existing bedrooms + 3 full baths, plus a garage easily convertible into 2 additional bedrooms, ideal for maximizing occupancy in a shared housing model. Expansion Ready: Finished basement, multiple living areas, and a 0.45-acre lot with a private deck and no HOA restrictions. This isn’t just another rental. It’s a revenue-engine property structured for today’s high-yield housing models, backed by a 20% cap rate and immediate cash flow potential.
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