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520 S Perry ST Lawrenceville, GA 30046
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Key Details
Sold Price $460,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10660462
Style Brick 4 Side,Ranch,Traditional
Bedrooms 4
Full Baths 2
Year Built 1950
Annual Tax Amount $4,424
Tax Year 2024
Lot Size 0.460 Acres
Property Sub-Type Single Family Residence
Property Description
The Ultimate Downtown Power-Property: Proven $200K+ ROI with Limitless Live/Work Versatility Rare Opportunity Just 0.4 Miles from the Lawrenceville Square Rarely does a property offer this level of proven financial performance alongside such incredible functional flexibility. Whether you are looking for a high-yield short-term rental, a professional downtown office, or a stylish primary residence that pays for itself, this updated 4-bedroom, 2-bathroom gem on South Perry Street delivers on every front. The Proven Performer: Investors, take note: This property is a documented earner, generating over $200,000 in short-term rental income over the last five years. With furniture negotiable, this is a "turn-key" asset ready to continue producing revenue from Day 1. Live, Work, or Create: The interior boasts a modern, updated aesthetic that transitions seamlessly from a comfortable family home to a sophisticated professional suite. The "X-Factor": A massive detached garage equipped with electricity and already plumbed for a bathroom. This is a blank canvas for a high-end ADU (Accessory Dwelling Unit), a private creative studio, a secondary rental unit, or a detached executive office. Unbeatable Walkable Lifestyle: Location is the ultimate luxury. Situated just 0.4 miles from the historic City Square, you are steps away from Lawrenceville's premier dining, local coffee haunts, and boutique shopping. The Best of Georgia: Perfectly positioned for easy access to Stone Mountain Park (16 miles) and the cultural heartbeat of Atlanta (28 miles), including the Fox Theater and the Botanical Gardens. Property Highlights: Proven ROI: $200k+ historical STR income. Flexibility: Ideal for Residential, Commercial Office, or Short Term Rental/Long Term Rental use. Value-Add: Plumbed/powered detached garage ready for conversion. Turn-Key: Modern updates throughout; furniture negotiable. Don't settle for a property that only does one thing. Invest in a space that does it all. Schedule your private showing today!
Location
State GA
County Gwinnett
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Hardwood
Fireplaces Number 2
Fireplaces Type Living Room
Laundry Laundry Closet
Exterior
Parking Features Garage, Carport
Garage Spaces 2.0
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
Waterfront Description No Dock Or Boathouse
View Y/N Yes
View City
Roof Type Composition
Building
Lot Description Level, Private
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
New Construction No
Schools
Elementary Schools Lawrenceville
Middle Schools Moore
High Schools Central
Others
Special Listing Condition Resale
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