5155 Wexford LN Pending Save Request In-Person Tour Request Virtual Tour
Norcross,GA 30071
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Wexford
MLS Listing ID 7534711
Year Built 1982
Tax Year 2025
Lot Size 0.380 Acres
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
Interior
Heating Central
Cooling Central Air
Flooring Hardwood,Tile
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
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Norcross
Middle Schools Summerour
High Schools Gwinnett - Other
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://my.matterport.com/show/?m=QnYXKy49rPr