$60K PRO FORMA | INSTANT CASH FLOW | NORCROSS CONVERSION PLAY OWNER FINANCING AVAILABLE — NO BANK QUALIFYING. 25% down, 8% fixed, payments from $1,651/mo (or: 30% down, payments from $1,541/mo). Turnkey, fully furnished short-/mid-term rental with proven in-place income: $29,580 gross revenue over the trailing twelve months, 100% occupancy. Offered as a business in a box — furniture, operating systems, and booking history convey. Built for STR/MTR operators and portfolio investors priced out by bank DSCR loans: close in as little as 21 days and earn from day one. Also available for cash or conventional purchase at list price. Seller financing offered on select assets; terms subject to buyer qualification. 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.
Active
$299,995
2621 Bailey Dr, Norcross, GA 30071
3beds
2baths
--sqft
Other, Residential Income
Built in 1971
-- sqft lot
$292,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 11 days
- 479
- 44
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James YEH,
TruPorch Homes 404-333-8497
Source: FMLS GA,MLS#: 7862694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Windows: None
Video & virtual tour
Property
Parking
- Parking features: Garage
- Has garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: None
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.35 Acres
- Features: Other
Details
- Parcel number: R6240 041
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Other
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Other
- Security: None
- Subdivision: Edgemoor North
HOA
- Has HOA: No
Location
- Region: Norcross
Financial & listing details
- Tax assessed value: $276,700
- Annual tax amount: $3,524
- Date on market: 11/1/2026
- Cumulative days on market: 345 days
- Electric utility on property: Yes
Estimated market value
$292,000
$277,000 - $307,000
$1,917/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Listed for sale | $299,995 |
Source: | ||
| 11/1/2026 | Listing removed | $299,995 |
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| 10/1/2026 | Listed for sale | $299,995 |
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| 10/1/2026 | Listing removed | $299,995 |
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| 9/1/2026 | Listed for sale | $299,995 |
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| 9/1/2026 | Listing removed | $299,995 |
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| 8/4/2026 | Listed for sale | $299,995 |
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| 8/1/2026 | Listing removed | $299,995 |
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| 7/3/2026 | Listed for sale | $299,995 |
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| 7/1/2026 | Listing removed | $299,995 |
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| 5/27/2026 | Listed for sale | $299,995 |
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| 5/4/2026 | Listing removed | $299,995 |
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| 4/3/2026 | Listed for sale | $299,995 |
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| 4/1/2026 | Listing removed | $299,995 |
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| 3/4/2026 | Price change | $299,995-6.3% |
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| 2/13/2026 | Price change | $319,995-3% |
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| 2/5/2026 | Listed for sale | $329,995 |
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| 2/1/2026 | Listing removed | $329,995 |
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| 12/11/2025 | Listed for sale | $329,995 |
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| 12/1/2025 | Listing removed | $329,995 |
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| 11/20/2025 | Price change | $329,995-2.9% |
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| 11/14/2025 | Price change | $339,995-2.9% |
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| 10/16/2025 | Listed for sale | $349,995+517.3% |
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| 3/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/23/2023 | Listed for rent | $1,995 |
Source: Zillow Rentals Report a problem | ||
| 2/22/2010 | Sold | $56,700-58% |
Source: Public Record Report a problem | ||
| 10/22/2009 | Sold | $135,146+1.7% |
Source: Public Record Report a problem | ||
| 4/17/2002 | Sold | $132,900+10.8% |
Source: Public Record Report a problem | ||
| 8/1/2000 | Sold | $119,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $110,680 -0.5% |
| 2025 | $4,223 +19.8% | $111,200 +23.4% |
| 2024 | $3,524 +0.3% | $90,120 |
| 2023 | $3,514 +0.9% | $90,120 -5.1% |
| 2022 | $3,481 +30.5% | $94,960 +43.4% |
| 2021 | $2,666 +5.7% | $66,240 +7% |
| 2020 | $2,523 +3.6% | $61,920 |
| 2019 | $2,435 | $61,920 +7.7% |
| 2018 | $2,435 +88.7% | $57,480 +99.6% |
| 2016 | $1,291 -0.9% | $28,800 |
| 2015 | $1,303 | $28,800 +27% |
| 2014 | $1,303 +19.6% | $22,680 |
| 2013 | $1,089 | $22,680 |
| 2012 | -- | $22,680 |
| 2011 | -- | $22,680 -58.2% |
| 2010 | -- | $54,200 |
| 2009 | -- | $54,200 |
| 2007 | -- | $54,200 |
| 2006 | -- | $54,200 |
| 2005 | -- | $54,200 |
| 2004 | $868 +3.5% | $54,200 +3.6% |
| 2003 | $838 -49.7% | $52,320 |
| 2002 | $1,667 +51.3% | $52,320 +52.6% |
| 2001 | $1,102 | $34,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30071
Nearby schools
Schools provided by the listing agent
- Elementary: Beaver Ridge
- Middle: Summerour
- High: Norcross
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




