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The Moderns

themoderns@evatlanta.com +1(470) 924-2116

$ 359,995

Est. payment -/mo

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1416 Manchester CT SW Lilburn, GA 30047

4 Beds

2.5 Baths

2,464 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $146

Subdivision Manchester

MLS Listing ID 7836816

Style Colonial,Traditional

Bedrooms 4

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $5,220

Tax Year 2025

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

$72K+ PRO FORMA | STABLE CASH FLOW | LILBURN CONVERSION PLAY Instant income meets massive revenue upside. Located in the high-demand Lilburn market, this 2,464 sq. ft. Colonial is a powerhouse asset. Recently occupied this December at a stable market rate, it offers a "plug-and-play" opportunity for an investor to secure equity now and double their yield later. The Strategy: While currently a 4-bedroom home, the massive footprint and traditional layout (Formal Living, Dining, and Family Room) are perfectly suited for a high-yield co-living conversion. The Numbers: Current Rent: ~$2,200/mo — Stable income starting Dec 2025. PadSplit Potential:6,000/mo(6,000/mo(72,000/year). The Yield: Nearly 3x the gross revenue utilizing a 6-bedroom conversion model ($1,000/room). The Asset: Premium Finishes: Renovated kitchen with stone counters, brand-new stainless appliances, and durable laminate/tile flooring designed for low-maintenance longevity. Conversion Ready: The separate formal living and dining rooms allow for easy conversion into additional revenue-generating bedrooms without major structural work. Prime Location: Situated in a quiet cul-de-sac on a huge 0.46-acre fenced lot. Zoned for the award-winning Brookwood High district—a "Zero Vacancy" hotspot for workforce housing. Secure a high-performing asset in a premier Gwinnett submarket. This is a turnkey investment with guaranteed stability and industry-leading pro-forma potential.

Location

State GA

County Gwinnett

Area Manchester

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Basement None

Dining Room Separate Dining Room

Kitchen Cabinets Stain, Eat-in Kitchen, Stone Counters

Interior

Interior Features High Ceilings 9 ft Lower, Low Flow Plumbing Fixtures

Heating Forced Air

Cooling Central Air

Flooring Vinyl

Fireplaces Number 1

Fireplaces Type Family Room

Equipment None

Window Features None

Appliance Dishwasher, Electric Range, ENERGY STAR Qualified Appliances

Laundry Lower Level

Exterior

Exterior Feature None

Parking Features Garage

Garage Spaces 2.0

Fence Fenced

Pool None

Community Features None

Utilities Available None

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Street Surface Paved

Accessibility None

Handicap Access None

Porch None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Corner Lot, Private

Story Two

Foundation None

Sewer Septic Tank

Water Public

Architectural Style Colonial, Traditional

Level or Stories Two

Structure Type Brick Front,HardiPlank Type

Construction Status Resale

Schools

Elementary Schools Head

Middle Schools Five Forks

High Schools Brookwood

Others

Senior Community no

Restrictions false

Listed by TruPorch Homes

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The Moderns

+1(470) 924-2116

The Moderns

1416 Manchester CT SW Lilburn, GA 30047

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1416 Manchester CT SW