215 Piedmont Ne Ave # 1109, Atlanta, GA 30308
$250,000
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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.**********One bedroom, One Bathroom, Living room Dining room combination, with separate kitchen and storage room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring) in the hallway and both bedrooms. Freshly repainted a month ago. This sleek, modern home is newly renovated. An extra-large living room and dining room are combined with fantastic city views day and night. Remote workspace and lounge area doubles as a secondary bed. Brand new kitchen cabinets equipped with shiny stainless steel appliances, a refrigerator with an ice and water dispenser, and a cozy coffee station with Keurig and K cups. The kitchen boasts quartz countertops and is fully equipped with small appliances and cooking utensils for a meal. Privately renovated bathroom, all new tile, vanity, large walk-in shower surround, glass door. This unit has a private supply closet with a digital combination lock—huge flat-screen TVs in both bedroom and living room—and premium quality hybrid mattresses.**********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 #: 7498786F
- Address: 215 Piedmont Ne Ave # 1109
- City: Atlanta
- Zip: 30308
- County: Fulton
- Subdivision: Landmark
- Community Features: Concierge,Homeowners Assoc,Meeting Room,Near Public Transport,Near Shopping,Near Trails/Greenway,Pool
- Square Feet: 1020
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Dock : None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Elevator
- Rooms: Sun Room
- Flooring: Ceramic Tile,Hardwood
- Kitchen Features: Cabinets Other
- Kitchen Appliances: Dishwasher,Disposal,Gas Range,Refrigerator
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: Master on Main
- Master Bath: Shower Only
- Dinning Room: Open Concept,Separate Dining Room
- Laundry: None
- Other Equipment: None
- Patio/Porch Features: None
- Security Features: Key Card Entry,Smoke Detector(s)
- Common Walls: 2+ Common Walls
- Nbr of Units in Community: 205
- Basement: None
- Parking: Assigned,Parking Lot
- Lot Dimensions: x
- Lot Size Acres: 0.02
Available now at $250,000
- 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,Wall Unit(s)
- Heating: Hot Water,Radiant,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: $1,076 Monthly
- Association Fee Includes: Electricity,Gas,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Reserve Fund,Security,Sewer,Swim,Termite,Trash,Utilities,Water
- Initiation Fee: $2,302
- Swim/Tennis Fee: None
Neighborhood
The average asking price of a 1 bedroom Atlanta condo in this zip code is
$284,067 (13.6% more than this home).
This condo is priced at $245/sqft,
which is 47.0% 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:$1,267*
- Taxes:$2,497
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
(770) 630-5905 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# 7498786F), call: 770-630-5905
215 Piedmont Ne Ave # 1109, Atlanta GA is a condo of 1020 sqft and
is currently priced at $250,000
.
This condo has 1 bedrooms.
A comparable condo for sale at 229 Ponce De Leon Ne Ave # 10 in Atlanta is listed at $275,000.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Cornerstone Village, Ponceana and Midtown Park are nearby neighborhoods.
MLS 7498786F has been posted on this site since 12/21/2024 (today).