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516 Fairlane NW Circle

$160,000

516 Fairlane NW Circle, Atlanta, GA 30331

Active
Last Updated: 02/24/2025

11.4

Cap Rate

19,301

NOI

Details:
Cap Rate:    11.4%
NOI:    $19,301
Units:    1
Year Built:    1960
Parking Spots:    2
Highlights:
  • Lot Features: Sloped
  • Gross Income: 22992
  • Bathrooms Total: 0
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Hardwood, Laminate
  • Construction Materials: Brick 3 Sides, Wood Siding
  • Parking Features: Driveway
  • Accessibility Features: None
  • Security Features: None
Description:

Property may be sold in conjunction with nearby home (516 Fairlane Cir. #7516866) fir a package deal! Home is currently vacant. This accessible home is located close to the Perimeter of I-285 and nearby I-20 for convenient commutes to Downtown Atlanta, Hartsfield-Jackson Intl Airport, and steps from Harper-Archer Elementary Schools and the MARTA bus line. This Brick home has been well maintained - and is perfect for any homebuyer or investor. Carpet throughout the Living area, Hallways and Bedrooms, with the Original Hardwoods underneath most areas. Three bedrooms share one bathroom whilst the larger, Primary Bedroom Suite has its own tub/shower combo and large vanity. Don't miss the Flat Backyard! New Exterior paint and Carpet in the bedrooms. The Large Unfinished Basement with separate entry allows for more opportunities such as shop space, ample storage, additional office, or a studio apartment. AHA Rental Estimate $1,916/mth. Access provided daily from 9a-9p with an appointment. Property sold as-is, with right to inspect.

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