Property Description

HIGH-YIELD INVESTMENT | 7BR/3BA | VACANT & READY FOR MAXIMUM INCOME355 Shannon Way is a turnkey home in Lawrenceville, designed for investors ready to scale returns. Completely vacant and recently updated, it's positioned to capitalize immediately on high-demand co-living or PadSplit strategies, with the ability to convert the garage into two additional bedrooms for a total of 7 income-producing rooms.The 7-Bedroom Pro Forma:Traditional 5BR Rent: $2,700/mo ($32,400/yr)PadSplit with 7 Bedrooms: $7,000/mo ($84,000/yr)The Investor Upside:The 7-bedroom co-living model delivers $51,600+ in additional annual income compared to traditional leasing, nearly triple the gross revenue potential.Why 355 Shannon Way Stands Out:Immediate Start: Vacant and move-in ready. Begin renting within days.Built to Last: Hardwood floors, fresh carpet, and cement siding reduce maintenance and turnover costs.Flexible Layout: 5 existing bedrooms + 3 full baths, plus a garage easily convertible into 2 additional bedrooms, ideal for maximizing occupancy in a shared housing model.Expansion Ready: Finished basement, multiple living areas, and a 0.45-acre lot with a private deck and no HOA restrictions.This isn't just another rental. It's a revenue-engine property structured for today's high-yield housing models, backed by a 20% cap rate and immediate cash flow potential.

Property Features

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