477 Fairlane Circle Nw, Atlanta, GA 30331

Atlanta
Local realty services provided by:ERA Towne Square Realty, Inc.
477 Fairlane Circle Nw,Atlanta, GA 30331
$339,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rick wiley
Office: coldwell banker realty
MLS#:7795980
Source:FIRSTMLS

Price summary

  • Price:$339,000

About this home

Exceptional turnkey investment opportunity with immediate cash flow! This proven income-producing asset is 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...

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Home facts

  • Year built:1960
  • Subdivision & Development:None
  • Listing ID #:7795980
  • Updated:August 12, 2026 at 01:37 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Attic Fan, Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Lot area:0.2 Acres
  • Construction Materials:Block
  • Levels:2 Story

Schools

  • High school:Frederick Douglass
  • Middle school:John Lewis Invictus Academy/Harper-Archer
  • Elementary school:Harper-Archer

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$339,000
  • Tax amount:$3,028 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Driveway
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