GA
Gwinnett
Lawrenceville
30044
355 Shannon Way
355 Shannon Way, Lawrenceville, GA 30044
Share Listing
Listing Type
other
Listing Status
Active
42
$349,995

Home Details for 355 Shannon Way

Price
$349,995
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1979
Lot size acres
0.45
County
Gwinnett
Garage
Days on site
17
MLS Listing#
7714516
Property Description

HIGH-YIELD INVESTMENT | 7BR/3BA | VACANT & READY FOR MAXIMUM INCOME 355 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
  • Utilities
    • Electricity Available
    • Water Available
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Parking
    • Garage
School Information
School Information for 355 Shannon Way, Lawrenceville, GA 30044
Elementary School
Benefield
Middle School
Sweetwater
High School
Berkmar
Listing Courtesy: TruPorch Homes - 404-512-8427
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Last Updated: 2026-02-09 18:10:58
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EXIT REALTY WEST MIDTOWN
1024 Donald L Hollowell Pkwy N.W Ste A, Atlanta, GA 30318
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470 749 9378
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