215 Piedmont Ne Ave # 804, Atlanta, GA 30308
$199,850
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Home Description
CASH FLOW JUGGERNAUT BUSINESS, NO RENTAL RESTRICTIONS, SHORT-TERM ALLOWED, Current Short-Term Business Annual Net Profit tops $16,000 after expenses PROFIT & LOSS STATEMENT & 5-YEAR PROFORM (Available upon request). Occupancy run rates over 80% per year. While Competitors focus on gross income, ask them about net profits. As an Owner/Agent, I am confident that few, if any, can match our level of transparency and detail. TAKE ADVANTAGE NOW The building is in the midst of an exciting transformation, with renovations underway following a major insurance claim. The finished renovations promise to enhance the property’s value and solidify its status as one of the most desirable high-rises in the Downtown area. Experienced and professional host offering education on property management. Uplisting Channel Management integrates All Three major booking platforms to optimize occupancy and nightly rates. This hands-off business model is supported by an excellent cleaning service partnership that provides both cleaning and linens. Schlage electronic door locks are used to track and manage guest access.**********Recently renovated one bedroom, one bathroom, living room/kitchen combination, and separate dining room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring), private bedroom with premium quality hybrid mattress and sleeper sofa, clean white bathroom, rare in-unit high-efficiency washer & dryer, high-speed internet, blackout blinds & curtains. It is furnished in calming blues, grays, and whites and is stocked to host several people comfortably, and is fully loaded. It features a queen-bedroom suite with a great view of the city. The living area features a rustic, charming real wood accent wall with an adjustable wall-mounted flatscreen TV. The kitchen area is fully stocked with quartz countertops, stainless appliances, and cooking & dining essentials.**********Building Bylaws allow for any rental lengths and no caps on the number of rentals. Perfect place to invest in a turn-key income-generating asset that is already cash-flowing and appreciating at the same time. The Landmark is one of the Downtown Atlanta skyline's most underrated buildings poised for skyrocketing appreciation. The homeowner association fee includes everything: 300 MB Xfinity Internet, Electricity, Heating, Cooling, Gas for cooking Range, Water, Sewer, 24-hour Concierge, plus all the HOA Amenities. One assigned parking space typically $55/night value, onsite 24-hour concierge, small fitness gym, full-size inground pool, and laundry facility available.
- MLS #: 7495712F
- Address: 215 Piedmont Ne Ave # 804
- City: Atlanta
- Zip: 30308
- County: Fulton
- Subdivision: Landmark
- Community Features: Concierge,Homeowners Assoc,Near Public Transport,Sidewalks
- Square Feet: 631
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Dock : None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Elevator,His and Hers Closets
- Rooms: Other,Sun Room
- Flooring: Ceramic Tile,Hardwood
- Kitchen Features: Cabinets Other,Eat-in Kitchen,Stone Counters,View to Family Room
- Kitchen Appliances: Dishwasher,Disposal,Dryer,Gas Range,Microwave,Refrigerator,Washer
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: Other
- Master Bath: Tub/Shower Combo
- Dinning Room: Open Concept
- Laundry: Electric Dryer Hookup,In Hall,Laundry Closet
- Other Equipment: None
- Patio/Porch Features: None
- Security Features: Key Card Entry,Security Lights,Smoke Detector(s)
- Common Walls: 2+ Common Walls
- Nbr of Units in Community: 205
- Basement: None
- Parking: Assigned
- Lot Dimensions: x
- Lot Size Acres: 0.01
Available now at $199,850
- Type: High Rise
- Style: High Rise (6 or more stories)
- Levels: One
- Property Condition: Resale
- Listing Terms: Cash,Conventional
- Road Type: Asphalt
- Cooling: Multi Units
- Heating: Hot Water,Wall Unit(s)
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: None
- Construction Materials: Concrete
- Roof Type: Other
- Other Structures: None
- Fee Amount: $638 Monthly
- Association Fee Includes: Electricity,Gas,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Reserve Fund,Security,Sewer,Swim,Termite,Trash,Utilities,Water
- Initiation Fee: $1,426
- Swim/Tennis Fee: None
Neighborhood
The average asking price of a 1 bedroom Atlanta condo in this zip code is
$284,067 (42.1% more than this home).
This condo is priced at $317/sqft,
which is 13.6% less than similar condos
in the 30308 zip code.
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School Information
- Elementary:Hope-Hill
- Middle School:David T Howard
- High School:Midtown
Financial
- Approx Payment:$1,013*
- Taxes:$2,113
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(404) 697-6974 and speak with one of our real estate consultants.
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Listing Courtesy of RE/MAX Metro Atlanta Cityside.
For information or to schedule a viewing of this property (MLS# 7495712F), call: 404-697-6974
215 Piedmont Ne Ave # 804, Atlanta GA is a condo of 631 sqft and
is currently priced at $199,850
.
This condo has 1 bedrooms.
A comparable condo for sale at 300 Peachtree Ne St # 5B in Atlanta is listed at $239,000.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Siena At Renaissance, Melrose Park and Cornerstone Village are nearby neighborhoods.
MLS 7495712F has been posted on this site since 12/10/2024 (today).