1416 Manchester Court
Lilburn, GA 30047
4
Bed
3
Bath
0.46Acre(Lot)
$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 Finish
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 Full Baths: 2 Half Baths: 1Room Information
Basement: None -
Flooring Information
Vinyl -
Roofing Information
Composition -
Interior Features
Eat-in Kitchen, Low Flow Plumbing Fixtures Roof: Composition Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances Laundry Features: Lower Level -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1977 Building Area Total: 2464 Construction Materials: HardiPlank Type Patio And Porch Features: None Pool Features: None Private Pool: No View: Other -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: x 87 Lot Size Acres: 0.46 Lot Size Source: Public Records Lot Description: Corner Lot, PrivateProperty Information
Subdivision: Manchester Source Property Type: Residential Postal Code Plus 4: 2018 Property SubType: Single Family Residence Levels: Two Property Age: 49
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Listing Price Information
Listing Price: $359995
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Tax Information
Parcel Number: R6085 064 Tax Lot: 1 Tax Block: 2 Tax Year: 2025 Annual Tax: $5220 Tax Legal Desc: n/a
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Parking Information
Parking Total: 2 GarageGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: HeadJunior High School: Five ForksSenior High School: Brookwood -
Utility Information
None -
Location Information
Direction: n/a WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1162 Melton Drive SW, Lilburn, GA, 30047 | $399,500 | 5 | 2 | -- | 0.44 Acre |
| 1066 Sea Oats Way SW, Lilburn, GA, 30047 | $350,000 | 3 | 2 | 2,033 | 0.41 Acre |
| 1482 Hewatt Road SW, Lilburn, GA, 30047 | $279,900 | 3 | 2 | -- | 0.48 Acre |
| 1482 Hewatt Road, Lilburn, GA, 30047 | $279,900 | 3 | 2 | -- | 0.48 Acre |
| 3214 Kimberly Woods Cou.., Lilburn, GA, 30047 | $380,000 | 3 | 2 | -- | 0.38 Acre |
| 3214 Kimberly Woods Court, Lilburn, GA, 30047 | $380,000 | 3 | 2 | -- | 0.38 Acre |
| 3627 Kelin Court, Lilburn, GA, 30047 | $499,900 | 4 | 3 | 2,828 | 0.43 Acre |
| 3170 Pine Cove Court, Lilburn, GA, 30047 | $384,900 | 4 | 3 | -- | 0.39 Acre |
| 1707 Red Fox Run SW, Lilburn, GA, 30047 | $440,000 | 4 | 2 | 2,823 | 0.88 Acre |
| 3170 Pine Cove Court SW, Lilburn, GA, 30047 | $384,900 | 4 | 2 | -- | 0.39 Acre |
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ByOwner last updated this listing 09/13/2026 @ 07:02
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