3820 Mayfair Lane, Albany, GA 31721
Local realty services provided by:ERA All In One Realty
Listed by: william jackson
Office: albany realty company
MLS#:169453
Source:GA_SWGBR
Price summary
- Price:$289,900
- Price per sq. ft.:$89.92
About this home
Investor Opportunity with Immediate Income Potential! This well-maintained brick duplex offers an outstanding opportunity to expand your investment portfolio or generate steady passive income. Each unit features 3 bedrooms, 2 bathrooms, a spacious living room with a fireplace, covered front porch, private patio, fenced backyard, and laundry room—features that are consistently appealing to tenants. One unit is currently occupied by a dependable long-term month-to-month tenant, providing immediate rental income from day one. The current rental rate is well below today's market value, creating an excellent value-add opportunity for the next owner. With the tenant on a month-to-month lease, the new owner has the flexibility to adjust rental rates to market value. The second unit has been refreshed with fresh interior paint (including the kitchen cabinets), new luxury vinyl plank flooring, and a new dishwasher and refrigerator, making it move-in or rent-ready with minimal upfront investment. This vacant unit also gives the new owner the opportunity to establish a competitive market rental rate from the start. Whether you're looking to lease both units for maximum cash flow or occupy one side while offsetting your mortgage with rental income, this property offers exceptional flexibility and strong upside potential. With the ability to establish market rents on both units, investors have a unique opportunity to increase income and maximize returns. Property is being sold As-Is, Where-Is. Sellers hold Georgia Real Estate Licenses #119226 & #11900....
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Home facts
- Year built:1993
- Subdivision & Development:St Andrews
- Listing ID #:169453
- Added:45 day(s) ago
- Updated:August 14, 2026 at 08:45 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Refrigerator, Stove/Oven Electric
- Living area:3,224 sq. ft.
Structure and exterior
- Year built:1993
- Building area:3,224 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Paved Road
- Architectural Style:Duplex
- Construction Materials:Brick
- Exterior Features:Fenced Chain Link, Patio Open, Porch Covered, Storage Building
- Levels:1 Story
Utilities
- Water:Albany Utilities
- Sewer:Albany Utilities
Finances and disclosures
- Price:$289,900
- Price per sq. ft.:$89.92
- Tax amount:$2,815 (2025)
Features and amenities
- Amenities:Crown Moulding, Newly Painted, Pantry, Wide Baseboard
Parking
- Parking description:Parking Pad, Spaces
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