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$359,995

Listing Price

4beds

2.5baths

2,464sqft

20,037sqft lot

1416 Manchester CT Sw, Lilburn, GA 30047

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

146.59

Price / sqft

1977

Year built

Home Details

$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.

Interior Details

Square Feet
  • 2464

Bedrooms
  • 4

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 20037

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Conventional

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,401

$16,000

$68,440

--%

$84,440

2019

$3,150

$13,600

$67,200

--%

$80,800

2017

$2,768

$13,600

$48,400

--%

$62,000

2017

$2,768

$11,600

$57,080

--%

$68,680

2016

$2,371

$11,600

$52,960

--%

$64,560

2014

$2,177

$9,200

$48,800

--%

$58,000

2013

$1,641

$8,000

$34,520

--%

$42,520

2012

$2,285

$12,640

$51,320

--%

$63,960

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Average Home Price in 30047

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$414,878

3 Beds

2 Baths

2,625 Sqft

77,972 Lot (sqft)

Sold 09/01/2026

$278,228

3 Beds

2 Baths

2,118 Sqft

19,166 Lot (sqft)

Sold 09/01/2026

$440,588

4 Beds

2.5 Baths

2,534 Sqft

37,461 Lot (sqft)

Sold 07/01/2026

$359,995

4 Beds

2.5 Baths

2,464 Sqft

20,037 Lot (sqft)

Sold 10/05/2026

$370,000

4 Beds

3 Baths

2,484 Sqft

17,424 Lot (sqft)

Sold 09/29/2026

$425,000

4 Beds

3 Baths

2,322 Sqft

27,878 Lot (sqft)

Sold 09/29/2026

$449,000

3 Beds

3 Baths

2,188 Sqft

25,700 Lot (sqft)

Sold 09/29/2026

$450,000

3 Beds

3 Baths

2,190 Sqft

25,700 Lot (sqft)

Sold 10/05/2026

$365,000

5 Beds

3 Baths

2,270 Sqft

24,829 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
359,995
$
Down payment
71,999
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,159.97
$
HOA (Monthly)
0
$
PMI
0
$
$2,330
Your Payment
Total Monthly Payment:$2,330
Percent of Income:40%
Affordable:No

Details for 1416 MANCHESTER CT SW

Property Debt

Foreclosure Contact Details