215 Piedmont AVE NE #2208 new

Atlanta,GA 30308

$ 250000

1 Bed

1 Bath

850 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $294

Subdivision Landmark

MLS Listing ID 7495674

Style High Rise (6 or more stories)

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $857

HOA Y/N Yes

Originating Board First Multiple Listing Service

Year Built 1963

Annual Tax Amount $2,589

Tax Year 2024

Lot Size 849 Sqft

Acres 0.0195

Property Description

CASH FLOW JUGGERNAUT BUSINESS, PENTHOUSE CORNER UNIT, 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.**********Newly renovated One Bedroom, One Bathroom, PENTHOUSE CORNER Level, Top Floor, Living room Dining room combination, Remote Workstation Setup, and storage room. Fully supplied and stocked. ALL FURNISHING INCLUDED. Completely renovated with new sleek blue cabinets equipped with shiny stainless steel appliances, refrigerator with ice and water dispenser. Cozy coffee nook with K cups for your morning enjoyment. Remote work paradise, quiet top-floor is tranquil to focus, amazing Night city views. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring) throughout. Work/Gamer Automated adjustable Standing desk, Super comfy Gaming Chair or Stand, Dual Monitors Samsung 27-inch 1920x1080 Curved Monitors, Docking Station, Wireless Keyboard and Mouse for convenience. The primary bedroom offers great views with a private bathroom and a stunning city view. The second bed is a comfy sleeper sofa with plenty of pillows and has access to the hall bathroom. This unit has a private supply closet with a digital combination lock—huge flat-screen TVs in every room, both bedroom and living room—and super-premium quality hybrid mattress.**********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.

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Master on Main

Other Rooms None

Basement None

Main Level Bedrooms 1

Dining Room Separate Dining Room

Interior

Interior Features Elevator,Entrance Foyer

Heating Hot Water,Wall Unit(s),Other

Cooling Multi Units,Wall Unit(s),Other

Flooring Hardwood

Fireplaces Type None

Window Features None

Appliance Dishwasher,Disposal,Gas Range,Microwave,Refrigerator

Laundry None

Exterior

Exterior Feature None

Parking Features Assigned

Fence None

Pool In Ground

Community Features Concierge,Fitness Center,Homeowners Assoc,Meeting Room,Near Public Transport,Near Shopping,Pool,Sidewalks

Utilities Available Cable Available,Electricity Available

Waterfront Description None

View City

Roof Type Other

Street Surface Concrete

Accessibility None

Handicap Access None

Porch None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Corner Lot

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style High Rise (6 or more stories)

Level or Stories One

Structure Type Cement Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Hope-Hill

Middle Schools David T Howard

High Schools Midtown

Others

HOA Fee Include Electricity,Gas,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Reserve Fund,Security,Sewer,Swim,Termite,Trash,Utilities,Water

Senior Community no

Restrictions false

Tax ID 14 005100131986

Ownership Condominium

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing no

Special Listing Condition None

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