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Listed price in listed location currency (USD).
$349,995

000

MLS® 7714516

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes $3,395
Days Active 51
Approx. Age 1979
MLS® Number 7714516

Property Address: 355 Shannon Way, Lawrenceville, GA, 30044-3797

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7714516
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1979
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$349,995List Price
  • Commute

Commute

Starting Address
Destination Address
355 Shannon Way, Lawrenceville, GA

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