1416 Manchester Court SW
Lilburn, GA, 30047 $ 359,995
Bedrooms4 Baths2.1 Sq 2,464 Monthly Estimate*
$ 2,486
for $359,995 with 4 bedrooms and 2 full baths, 1 half bath. This 2,464 square foot home was built in 1977 on a lot size of 0.46.
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.
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FeaturesGeneralSewer Septic Tank
Heating Forced Air
Cooling Central Air
Utilities None
Roof Composition
Appliances Dishwasher Electric Range ENERGY STAR Qualified Appliances
Garage Spaces 2
Patio/Porch Features None
Architectural Style Colonial Traditional
Pool Features None
Security Features None
Construction Materials Brick Front HardiPlank Type
Year Built 1977
Electric 110 Volts
View Other
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number R6085 064
Waterfront Features None
Community Features None
Accessibility None
County Gwinnett - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Manchester
Green Energy Generation None
Other Structures None
Full Baths 2
Status Active
Directions n/a
High School Brookwood
City Lilburn
Body of Water None
Spa Features None
Elementary School Head
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 5220
Home Warranty Y/N false
Middle/Junior High School Five Forks
Property Condition Resale
Standard Status Active
Tax Lot 1
Freehold IDX
Corporate Owner Sold As/Is
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InteriorInterior Amenities High Ceilings 9 ft Lower Low Flow Plumbing Fixtures
Basement None
Flooring Vinyl
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Window Features None
Half Baths 1
Laundry Features Lower Level
Total Bedrooms 4
Room Type Den Living Room
Main Level Bedrooms 0
Main Level Bathrooms 0
Kitchen Features Cabinets Stain Eat-in Kitchen Stone Counters
Total Baths 3
Primary Bathroom Features Double Vanity Soaking Tub
Dining Room Features Separate Dining Room
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ExteriorExterior Amenities None
Fencing Fenced
Parking Features Garage
Lot Features Corner Lot Private
Water Source Public
Total Parking 2
Foundation Details None
Building Area Total 2464
Lot Dimensions x 87
Lot Size Acres 0.46
Road Surface Type Paved
Lot Size Source Public Records
Road Frontage Type Private Road
Other Equipment None
Horse Amenities None
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* Excluded FeaturesList Byjames@truporchhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,486
- Monthly Property Taxes
- $435
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Lilburn, GA
Average List Price $463,324
Percent of Sale Price 29%
About Lilburn, GA 12,757 Population
14% Since 2002
$ 53,677 Median Income
37.61 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4134409 Elementary School
4134327 Middle School
Brookwood High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $359,995 | | Listed Price |