2621 Bailey Dr Norcross, GA 30071
Duluth AreaEstimated payment $1,929/month
Highlights
- View of Trees or Woods
- No HOA
- Garage
- Paul Duke STEM High School Rated A+
- Central Heating and Cooling System
About This Home
$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 $2,465/mo, the functional layout is perfectly positioned for a high-yield co-living conversion. The Numbers:
Current Rent: 2,465/mo (29,580/yr), Start earning Day 1. PadSplit Potential: 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.
Listing Agent
TruPorch Homes Brokerage Phone: 404-333-8497 License #277286 Listed on: 07/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,524
Year Built
- Built in 1971
Parking
- Garage
Schools
- Beaver Ridge Elementary School
- Summerour Middle School
- Norcross High School
Additional Features
- Views of Woods
- 3 Bedrooms
- 15,246 Sq Ft Lot
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- Edgemoor North Subdivision
Building Details
- Operating Expense $14,000
- Net Operating Income $46,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,223 | $111,200 | $25,840 | $85,360 |
| 2024 | $3,524 | $90,120 | $23,200 | $66,920 |
| 2023 | $3,524 | $90,120 | $23,200 | $66,920 |
| 2022 | $3,481 | $94,960 | $23,200 | $71,760 |
| 2021 | $2,666 | $66,240 | $18,400 | $47,840 |
| 2020 | $2,523 | $61,920 | $16,000 | $45,920 |
| 2019 | $2,435 | $61,920 | $16,000 | $45,920 |
| 2018 | $2,277 | $57,480 | $13,600 | $43,880 |
| 2016 | $1,291 | $28,800 | $8,000 | $20,800 |
| 2015 | $1,303 | $28,800 | $8,000 | $20,800 |
| 2014 | $1,090 | $22,680 | $8,000 | $14,680 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $299,995 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $56,700 | -- | |
| Foreclosure Deed | $135,146 | -- | |
| Deed | -- | -- | |
| Deed | $132,900 | -- | |
| Deed | $119,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,833 | FHA | |
| Previous Owner | $107,900 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7799265
APN: 6-240-041
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Ask me questions while you tour the home.