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.
Closed
$555,000
5155 Wexford Ln UNIT A & B, Norcross, GA 30071
10beds
4baths
--sqft
Multi Family, Duplex
Built in 1982
-- sqft lot
$548,700 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 11, 2025 at 12:32pm
Listed by:
Josh Stanton 404-590-7137,
Keller Williams Realty
Bought with:
Non Mls Salesperson
Non-Mls Company
Source: GAMLS,MLS#: 10471116
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Features
- Basement: None
- Number of fireplaces: 2
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Body of water: None
Lot
- Size: 0.38 Acres
Details
- Parcel number: R6226 349
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & neighborhood
Community
- Community features: None
Location
- Region: Norcross
- Subdivision: Wexford
HOA & financial
HOA
- Has HOA: No
- Services included: Other
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
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Estimated market value
$548,700