5155 Wexford Lane, Norcross GA 30071

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$550,000

5155 Wexford Lane, Norcross, GA 30071

bedrooms

bathrooms

square feet

Acreage

0.38

Open Houses

year built

1982

Full Baths

Half Baths

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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
Subdivision	Wexford
County	Gwinnett - GA
Elementary School	Norcross
Middle School	Summerour
High School	Gwinnett - Other

Driving directions

Open houses

None scheduled.

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MLS number: 7534711

Listing agent: Josh Stanton

Listing broker: Keller Williams Realty Metro Atlanta (404) 564-5560

Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, March 11 2025 at 6:24 p.m. EDT

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