$200,000
 $1,074 est/mo Sourced by Back At You

215 Piedmont Avenue NE # 804 , Atlanta, GA 30308

Atlanta, GA 30308

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Description

CASH FLOW JUGGERNAUT BUSINESS, NO RENTAL RESTRICTIONS, SHORT-TERM ALLOWED, Occupancy run rates over 80% per year. This hands-off business model is supported by an excellent cleaning service partnership that provides both cleaning and linens. 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.

Details

MLS#10425203
Listing TypeFor Sale
StyleCondominium
Suite Number804
HOA Dues$7,656
Sub-TypeResale
StatusActive
Year1963
Days On Site69
Listing Provided ByRE/MAX Metro Atlanta Cityside | Ken Kraften

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet631
Story(s)1
Acreage0.02
Water FrontYes
Property ViewYes

Market Activity 30308

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StateGA
CountyFulton
CityAtlanta
Zip Code30308
Community NameLandmark
School DistrictGrady
Elementary SchoolHope Hill
Middle SchoolDavid T Howard
High SchoolGrady
Listing VS Median (in Landmark)
Price:
$200,000
low | high
Med:
$249,850
25.075% of Average
SqFt:
631
low | high
Med:
1,020
11.648177496038% of Average
$ / SqFt:
$317
low | high
Med:
$245
72.717965686275% of Average
On Site:
69
low | high
Med:
58.000000
100% of Average
Sourced by Back At You
Listing Updated: February 7, 2025 at 2:12:15 AM PST