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477 Fairlane Circle Nw, Atlanta, GA 30331

$339,000
  • 477 Fairlane Circle Nw, Atlanta, GA 30331 Main Photo

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New to the Market New
BEDS0 BATHS MLS#10794777
STATUSNew PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODAtlanta

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Attic Fan, Ceiling Fan(s), Central Air
Garage: 4
Heating: Central
Lot Size: 0.20 Acres
Stories: 2.0
Taxes: $3,028
Year Built: 1960

Feature Descriptions

Amenities: Golf, Playground, Pool, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Days on Site: 1
Exterior: Block
Parking Notes: Parking Pad
Sewer: Public Sewer
Swimming Pool: Yes
Units: 2
Utilities: Underground Utilities
Water: Public

Local Schools

High School: Douglass
Middle School: Harper Archer
Elementary School: Harper-Archer

Listed By / Shown By

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

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 1,105.68 per month $754.47 Principal & Interest $252.33 Property Tax $98.88 Homeowner's Insurance

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