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2621 Bailey Drive, 
Norcross, GA 30071

$299,995

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

James Yeh

Truporch Homes

Last updated:

May 29, 2026, 01:26 PM

MLS#

7777184

Source:

FIRSTMLS

About This Home

2621 Bailey Drive

$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAY Stop settling for standard yields. This renovated Norcross asset offers immediate rental income today with a massive 2X revenue upside for tomorrow. Currently occupied at $2,600/mo, the functional layout is perfectly positioned for a high-yield co-living conversion. The Numbers: Current Rent: 2,600/mo(2,600/mo(31,200/yr), Start earning Day 1. PadSplit Potential: 5,000/mo(5,000/mo(60,000/yr). The Delta: Nearly double your gross revenue utilizing a 5-bedroom model ($1,000/room). The Asset: Renovated & Durable: Features new hardwood floors and new appliances, built to minimize maintenance and withstand high-occupancy use. Easy Conversion: Separate living, dining, and family rooms provide a seamless path to adding two additional revenue-generating rooms without major structural changes. Location: Quiet cul-de-sac just off Beaver Ruin and Buford Hwy. Minutes from I-85 and major employment hubs. NO HOA. Secure your equity now and scale your cash flow later. This is a turnkey, low-maintenance investment in a "Zero Vacancy" workforce housing pocket.

Home Facts

Multi-Family

Built in 1971

Price Summary

299,995

MLS #:

7777184

Last Updated:

May 29, 2026, 01:26 PM

Structure

Structure

Year Built:

1971

Lot

Lot Size (Sq. Ft):

15,245

Finances & Disclosures

Finances

Price:

$299,995

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.