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$490,000
33 Days Online

1050 Falling Water Lane
Norcross, GA 30093

For Sale|Single Family Residence|Pending
7
Beds
4
Full Baths
0
Partial Baths
3,054
SqFt
$160
/SqFt
1993
Built
Subdivision:
Parklake
County:
Gwinnett
Call Now: 770-633-5666
Is this the home for you? We can help make it yours.
770-633-5666
1050 Falling Water Lane1050 Falling Water Lane1050 Falling Water Lane1050 Falling Water Lane
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Great INVESTMENT opportunity with furnishings and tenants included. New laminate floor. Welcome to this unique and versatile single-family home in Norcross, GA, offering an incredible investment opportunity or a perfect fit for a large family or roommates. Located just minutes from I-85, schools, and shopping, this property combines convenience with exceptional rental potential. Boasting 7 bedrooms and 4 bathrooms, this expansive home features two full kitchens and an additional kitchenette and two laundries; one in each floor, making it ideal for multi-generational living or shared housing. With three separate entries, the layout provides privacy and independence for everyone, whether you’re accommodating tenants, roommates, or extended family members. Currently leased and generating a monthly rental income of $3,600 with half occupancy, this property has the potential to bring in up to $5,000 per month with full occupancy. Tenants are flexible and can either stay or vacate based on the new owner’s preference, offering you the flexibility to maintain the current arrangement or customize the home to your needs. The property’s proximity to major highways, schools, and shopping centers ensures that you’ll always be close to all essential amenities. Whether you’re looking to maximize your rental income or searching for a home that can comfortably accommodate a large household, this property is an outstanding opportunity. Don’t miss out on this versatile home with impressive investment potential.

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Listing Snapshot
Price 
$490,000
Days Online 
33 Days
Bedrooms 
7
Inside Area (SqFt) 
3,054 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1993
MLS® Number 
7452260
Status 
Pending
Property Tax 
$6,080
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoStatus changed to Pending
4 weeks agoPrice changed to $490,000
a month agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.17
Foundation 
Slab
Number Of Stories 
2
Parking 
DrivewayOn Street
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1577
SqFt Below 
1477
SqFt Total 
3054
Stories 
Two
Style 
Traditional
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalDryerGas RangeGas Water HeaterMicrowaveRefrigeratorWasher
Basement 
DaylightExterior EntryFinishedFullWalk-Out Access
Cooling 
Ceiling Fan(s)Central AirElectricZoned
Electric 
220 Volts
Fireplace 
Yes
Fireplace Features 
Factory BuiltFamily RoomGas LogGas Starter
Fireplaces 
1
Flooring 
Laminate
Heating 
Forced AirNatural GasZoned
Interior 
PantryIn-Law FloorplanDouble VanityHigh Speed InternetTray Ceiling(s)Wet Bar
Laundry Features 
In KitchenLaundry RoomLower LevelMain Level
Main Level Bedrooms 
3
Window Features 
Double Pane WindowsInsulated Windows
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Exterior Features
Construction Details 
Vinyl Siding
Exterior 
GardenPrivate Yard
Fencing 
Back YardFencedWood
Lot Features 
Back YardFront YardLevel
Other Structures 
None
Patio And Porch 
Deck
Pool Features 
None
Road Frontage 
None
Roof 
Composition
Spa Features 
None
Waterfront Features 
None
Windows/Doors 
Double Pane WindowsInsulated Windows
Community Features
Community Features 
ParkRestaurant
Horse Property 
None
Roads 
Paved
Schools
School District
Unknown
Elementary School
Ferguson
Middle School
Radloff
High School
Meadowcreek
Listing Provided Courtesy Of: Yousun Song of The Promise Realty Group, LLC amy@alorahomes.net

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Neighborhood & Commute
Source: Walkscore
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