
Courtesy of: Rick Wiley, Coldwell Banker Realty, rick@myrealtorrick.com
$339,000
|
Lot: 0.20 Acres
|
|
Other
|
$339,000
477 Fairlane Circle NW 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.
Courtesy of: Rick Wiley, Coldwell Banker Realty, rick@myrealtorrick.com
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.