Exceptional turnkey investment opportunity with immediate cash flow! This newly renovated duplex at 477 Fairlane Circle NW is a proven income-producing asset generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated duplex offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 404-252-4908
Shown By
Agent Name: Jade Thomas
Agent Phone: (678) 437-8243
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,105.68 per month $754.47 Principal & Interest $252.33 Property Tax $98.88 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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477 Fairlane Circle Nw | MLS# 10794777
This multi-family property located at 477 Fairlane Circle Nw, Atlanta, GA 30331 is currently listed for sale with an asking price of $339,000. Search Atlanta real estate on jadethomas.crye-leike.com today.