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1416 Manchester Court Sw, Lilburn, GA 30047

Local realty services provided by:CENTURY 21 The Avenues
1416 Manchester Court Sw,Lilburn, GA 30047
$369,995
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james yeh
Office: truporch homes
MLS#:7714539
Source:FIRSTMLS

Price summary

  • Price:$369,995

About this home

$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

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Home facts

  • Year built:1977
  • Listing ID #:7714539
  • Updated:February 05, 2026 at 12:09 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Lot area:0.46 Acres

Schools

  • High school:Brookwood
  • Middle school:Five Forks
  • Elementary school:Head

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$369,995
  • Tax amount:$5,220 (2025)
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