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355 Shannon Way Lawrenceville, GA $ 349,995
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$ 349,995 Get more info
355 Shannon Way
$ 349,995
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355 Shannon Way

Lawrenceville, GA, 30044
$ 349,995
Baths0.0

Monthly Estimate*

$ 2,155

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Studio

Multi-Family Home for sale in Lawrenceville, GA

for $349,995. This home was built in 1979 on a lot size of 0.45.

CASH FLOW POWERHOUSE | 5BR/3BA | NEWLY VACANT & READY Double your income potential overnight. 355 Shannon Way is a recently renovated, fully vacant tri-level gem designed specifically for the high-yield investor. Skip the tenant wait and move straight to a co-living/PadSplit model in one of Lawrenceville’s highest-demand pockets. The Winning Math: Traditional Rent: ~2,700/mo(2,700/mo(32,400/yr) PadSplit Potential: 5,000/mo(5,000/mo(60,000/yr) The Delta: Nearly 2x the gross revenue using a $1,000/room co-living strategy. Why This Property? Zero Downtime: Recently vacated and turnkey—start collecting premium rents immediately. Bulletproof Finishes: Durable hardwoods, fresh carpet, and cement siding built to minimize CapEx and withstand high turnover. Prime Setup: 5 spacious bedrooms, 3 updated baths, and multiple living areas including a finished basement—perfect for maximizing occupancy. Large Lot: 0.45 acres with a private deck and no HOA restrictions. Stop settling for standard returns. This is a plug-and-play asset for anyone looking to maximize yield per square foot.

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Multi-Family Active

Price

$ 349,995

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,395

Style

Lot Size

0.45

Year Built

1979

Town/City

Lawrenceville

County/Region

Gwinnett

MLS | Web ID

7714516
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Water Available
Roof Composition
Security Features None
Construction Materials Cement Siding
Year Built 1979
View Trees/Woods
Levels One
Property Subtype Other
Tax Year 2024
Gross Income 60000
Waterfront Features None
Community Features Near Schools Near Shopping
Accessibility Accessible Bedroom Accessible Doors
County Gwinnett - GA
Net Operating Income 46000
Operating Expense 14000
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Plantation Woods
Green Energy Generation None
Status Active
Directions GPS
High School Berkmar
City Lawrenceville
Body of Water None
Number Of Units Total 5
Elementary School Benefield
Property Attached Y/N false
Tax Annual Amount 3395
Home Warranty Y/N false
Middle/Junior High School Sweetwater
Property Condition Resale
Standard Status Active
Cap Rate 15
Freehold IDX
Corporate Owner None
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Interior
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Garage
Lot Features Other
Water Source Public
Lot Dimensions x 100
Lot Size Acres 0.45
Lot Size Source Public Records
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* Excluded Features
List By
James YEH

Listing Agent

Truporch Homes

Broker

james@truporchhomes.com

Email

Affordability Calculator

$2,438
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4312749 Elementary School
4134094 Middle School
Berkmar High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/5/2026$349,995 Listed Price

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355 Shannon Way, Lawrenceville, GA, 30044 is a Multi-Family Home for sale at $349,995 with a lot size of 0.45. 355 Shannon Way is a studio with 0.0 baths and was built in 1979. The property's zip code is 30044 which is in Lawrenceville, GA

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