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Listing Provided By James YEH with TruPorch Homes, 404-333-8497

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Photo 1 of 22, Lilburn, GA 30047

1416 Manchester Court SW

Lilburn, GA 30047

$359,995

Beds
4
Baths
2 full, 1 half
Sq ft
2,464
Price per sq ft
$146
Year built
1977
Lot
0.46 acres
Garage
2 spaces

About this home

OWNER FINANCING AVAILABLE — NO BANK QUALIFYING. 25% down, 8% fixed, payments from $1,982/mo (or: 30% down, payments from $1,850/mo). Turnkey, fully furnished short-/mid-term rental with proven in-place income: $28,155 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. $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.

Listed
Nov 1, 2026
Updated
Nov 2, 2026, 11:41 PM ET
Property type
Residential, Single Family Residence
Subdivision
Manchester
FMLS #
7862867
County
Gwinnett - GA

Interior

Interior features
High Ceilings 9 ft Lower, Low Flow Plumbing Fixtures
Appliances
Dishwasher, Electric Range, ENERGY STAR Qualified Appliances
Flooring
Vinyl
Fireplaces
1
Fireplace features
Family Room
Basement
None
Cooling
Central Air
Heating
Forced Air
Laundry
Lower Level
Kitchen
Cabinets Stain, Eat-in Kitchen, Stone Counters
Primary bathroom
Double Vanity, Soaking Tub
Levels
Two
Main-level bedrooms
0
Main-level bathrooms
0
Accessibility features
None
Windows
None

Exterior

Exterior features
None
Patio and porch
None
Construction materials
Brick Front, HardiPlank Type
Roof
Composition
Fencing
Fenced
Pool features
None
Private pool
No
Spa
None
View
Other
Waterfront
None
Foundation
None

Lot & parking

Lot size (acres)
0.46
Lot dimensions
x 87
Lot features
Corner Lot, Private
Garage spaces
2
Parking
Garage
Total parking spaces
2

Utilities

Sewer
Septic Tank
Water source
Public
Utilities
None
Electric
110 Volts
Energy efficiency
None

HOA & taxes

Association
No
Annual tax amount
5220
Tax year
2025

Schools & community

Elementary school
Head
Middle school
Five Forks
High school
Brookwood
Subdivision
Manchester
County
Gwinnett - GA
Community features
None

Construction

Architectural style
Colonial, Traditional
Year built
1977
Property subtype
Single Family Residence
Condition
Resale
Building area (total)
2464

Location

Payment estimate

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All photos (22)

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License #H-81887

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Office: (470) 383-3020

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Listing data last updated Nov 2, 2026, 11:41 PM ET