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$359,995
11 Days On Site

1416 Manchester Court SW
Lilburn, GA 30047

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,464
SqFt
$146
/SqFt
1977
Built
Subdivision:
Manchester
County:
Gwinnett
Listing Courtesy Of: James YEH of TruPorch Homes Broker: 404-333-8497 Prefer Ph#:james@truporchhomes.com
Call Now: 404-285-0536
Is this the listing for you? We can help make it yours.
404-285-0536
1416 Manchester Court SW1416 Manchester Court SW1416 Manchester Court SW1416 Manchester Court SW
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$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.

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Listing Snapshot
Price 
$359,995
Days On Site 
11 Days
Bedrooms 
4
Inside Area (SqFt) 
2,464 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.46 Acres
Year Built 
1977
MLS® Number 
7836816
Status 
Active
Property Tax 
$5,220
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
7 hours agoStatus changed to Active
7 hours agoPrice changed to $359,995
7 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.46
Foundation 
None
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Parking 
Garage
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
2464
Style 
ColonialTraditional
Utilities 
None
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric RangeENERGY STAR Qualified Appliances
Basement 
None
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family Room
Fireplaces 
1
Flooring 
Vinyl
Heating 
Forced Air
Interior 
Eat-in KitchenLow Flow Plumbing Fixtures
Laundry Features 
Lower Level
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Exterior Features
Construction Details 
HardiPlank Type
Exterior 
None
Fencing 
Fenced
Lot Features 
Corner LotPrivate
Other Structures 
None
Patio And Porch 
None
Pool Features 
None
Road Frontage 
Private Road
Roof 
Composition
Spa Features 
None
View 
Other
Waterfront Features 
None
Waterview 
Other
Community Features
Community Features 
None
Horse Property 
None
Roads 
Paved
Schools
School District
Unknown
Elementary School
Head
Middle School
Five Forks
High School
Brookwood
Listing Courtesy Of: James YEH of TruPorch Homes Broker: 404-333-8497 Prefer Ph#:james@truporchhomes.com

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Neighborhood & Commute
Source: Walkscore
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