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$490,000
75 Days On Site

1050 Falling Water LN
Norcross, GA 30093

For Sale|Single Family Residence|Active Under Contract
7
Beds
4
Full Baths
0
Partial Baths
3,054
SqFt
$160
/SqFt
1993
Built
Subdivision:
Parklake
County:
Gwinnett

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1050 Falling Water LN1050 Falling Water LN1050 Falling Water LN1050 Falling Water LN
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Great INVESTMENT opportunity with furnishings and tenants included. New laminate floor. Welcome to this unique and versatile single-family home in Norcross, GA, offering an incredible investment opportunity or a perfect fit for a large family or roommates. Located just minutes from I-85, schools, and shopping, this property combines convenience with exceptional rental potential. Boasting 7 bedrooms and 4 bathrooms, this expansive home features two full kitchens and an additional kitchenette and two laundries; one in each floor, making it ideal for multi-generational living or shared housing. With three separate entries, the layout provides privacy and independence for everyone, whether you're accommodating tenants, roommates, or extended family members. Currently leased and generating a monthly rental income of $3,600 with half occupancy, this property has the potential to bring in up to $5,000 per month with full occupancy. Tenants are flexible and can either stay or vacate based on the new owner's preference, offering you the flexibility to maintain the current arrangement or customize the home to your needs. The property's proximity to major highways, schools, and shopping centers ensures that you'll always be close to all essential amenities. Whether you're looking to maximize your rental income or searching for a home that can comfortably accommodate a large household, this property is an outstanding opportunity. Don't miss out on this versatile home with impressive investment potential.

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Listing Snapshot
Price 
$490,000
Days On Site 
75 Days
Bedrooms 
7
Inside Area (SqFt) 
3,054 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1993
MLS® Number 
10373663
Status 
Active Under Contract
Property Tax 
$6,080
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active Under Contract
2 months agoPrice changed to $490,000
2 months agoListing first seen on site
General Features
Acres 
0.17
Foundation 
Slab
Number Of Stories 
2
Parking 
None
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1577
SqFt Below 
1477
Stories 
Two
Style 
Traditional
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerGas Water HeaterMicrowaveRefrigeratorWasher
Basement 
DaylightExterior EntryFinishedFull
Cooling 
Ceiling Fan(s)Central AirElectricZoned
Electric 
220 Volts
Fireplace 
Yes
Fireplace Features 
Family RoomGas LogGas Starter
Fireplaces 
1
Flooring 
LaminateTileVinyl
Heating 
Forced AirNatural GasZoned
Interior 
PantryDouble VanityHigh CeilingsIn-Law FloorplanTray Ceiling(s)Vaulted Ceiling(s)Wet Bar
Laundry Features 
Laundry RoomIn HallIn Kitchen
Window Features 
Insulated WindowsDouble Pane Windows
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
Garden
Fencing 
Back YardFencedWood
Lot Features 
LevelPrivate
Patio And Porch 
Deck
Roof 
Composition
Windows/Doors 
Insulated WindowsDouble Pane Windows
Community Features
Community Features 
Park
Schools
School District
Unknown
Elementary School
Ferguson
Middle School
Louise Radloff
High School
Meadowcreek
Listing courtesy of The Promise Realty Group



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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