566 Woods Nw Drive, Atlanta, GA 30318
- $575,000
- Sold Price
- $575,000
- List Price
- $579,900
- Closing Date
- Jun 26, 2026
- MLS#
- 7752354
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Duplex
- Lot Size
- 0.17220000000000002
- Subdivision
- Center Hill
Property Description
Rare Dual-Income Opportunity! 566 Woods Dr. is TWO detached single-family homes, on one parcel. Completely Updated, and Furnished with Professional Design and Decor, the property has operated with Successful Cash Flow using Short-Term Rental models averaging $80,000 GOI annually over the past two years. 10% Cap and 15.7% Cash on cash return. With a New Roof, Tankless Water Heater, and Updated Electrical + Plumbing systems - the revenue will continue without the capital expenses! Each residence has been thoughtfully updated with modern Open-Concept floor plans, large stylish Chef's Kitchens featuring Stainless Steel Appliances + Shaker Cabinets and Stone Countertops. The Primary Bathroom features a Double Vanity and a Glass Walk-in Shower with Rainfall Shower Heads. Both homes offer Private Living Spaces, Separate Laundry, and Ample Parking; delivering comfort and convenience in each unit. Positioned just minutes from Downtown Atlanta, this property is perfectly situated to benefit from ongoing area growth and revitalization. Enjoy close proximity to major highways, Atlanta International Airport and the Beltline, making this an unbeatable location for both lifestyle and long-term appreciation. The current rental structure allows for the property to be delivered vacant or to continue with the current bookings through Summer, with the World Cup on deck. Don't miss your shot at one of Atlanta's rarest dual-home investment plays.
Additional Information
- Stories
- One
- Construction
- Vinyl Siding, Wood Siding
- Year Built
- 1952
- Neighborhood Amenities
- None
- Roof
- Shingle
- Lot Dimensions
- x
- Parking
- Level Driveway, Paved
- Lot Desc
- Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Woodson Park Academy
- Middle School
- Bear Creek - Fulton
- High School
- Frederick Douglass
- Acres
- 0.17
- Annual Expenses
- 22000
- Levels
- One
- Gross Income
- 80000
- Net Operating Income
- $58,193
- Taxes
- $7,045
Listing courtesy of Bolst, Inc.. Selling Office: Joe Stockdale Real Estate, LLC.
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