Listing provided courtesy of Bolst, Inc.MLS# 7752354MLS Provider
  • 77 days on site
  • 13 views

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.

Source: FMLS, MLS#: 7752354

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  • Property Type
    Residential Income
  • Lot
    0.17 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 566 Woods Drive NW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: FMLS Status Change
Pending
6/12/2026Source: FMLS Status Change
Active Under Contract
5/26/2026Source: FMLS Status Change
Active
5/17/2026Source: FMLS Status Change
Active Under Contract
5/15/2026Source: FMLS Price Reduction
$579,900 -3.3%
4/15/2026Source: FMLS Status Change
Active
4/14/2026Source: FMLS Added to Database
April 14, 2026