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215 Piedmont Ne Ave # 1001, Atlanta, GA 30308

$225,000

High-rise building aerial view showcasing city skyline and surrounding areas at 215 Piedmont Ne Ave # 1001, Atlanta, GA 30308
  • Bedrooms

    2

  • Baths

    1

  • Full Baths

    1

  • Year Built

    1963

  • Days On Market

    15

  • Half Baths

    0

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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.**********This recently renovated two-bedroom, one-bathroom unit offers a stylish and fully equipped living space. The property features a combined living and dining area, a separate kitchen with a large walk-in pantry, and a dedicated storage room. Hardwood floors run throughout the home, adding warmth and character. The primary bedroom is furnished with a king-size bed, a premium-quality hybrid mattress, and a wall-mounted flat-screen TV. The secondary bedroom includes a queen-size bed with a hybrid mattress and offers a beautiful view of the city. Both bedrooms provide privacy and direct access to the shared bathroom, which is clean, modern, and finished in bright white tones. The living area is designed for relaxation, complete with an adjustable wall-mounted flat-screen TV. The kitchen is fully stocked and ready for use, making it easy to host guests. The unit also includes high-speed internet, blinds, and a private supply closet secured with a digital combination lock. Freshly painted just one month ago in Sherwin-Williams Pure White, this home is turnkey and fully loaded with furnishings, including premium mattresses, all kitchenware. Perfectly prepared to comfortably accommodate several guests, this property is a rare find with both style and convenience.**********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 #: 7495725F
  • Address: 215 Piedmont Ne Ave # 1001
  • City: Atlanta
  • Zip: 30308
  • County: Fulton
  • Subdivision: Landmark
  • Community Features: Concierge,Homeowners Assoc,Meeting Room,Near Public Transport,Near Shopping,Near Trails/Greenway,Pool,Sidewalks
  • Square Feet: 1075
  • Sq. Ft. Source: Public Records
  • Pool: Indoor
  • Water Body Name: None
  • Dock : None
  • Waterfront Features: None
  • Water Source: Public
  • Interior of Property: Elevator,High Speed Internet
  • Rooms: Living Room,Sun Room
  • Flooring: Ceramic Tile,Hardwood
  • Kitchen Features: Cabinets White,Laminate Counters
  • Kitchen Appliances: Dishwasher,Disposal,Gas Range,Microwave,Refrigerator
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: Master on Main,Roommate Floor Plan,Split Bedroom Plan
  • Master Bath: Tub/Shower Combo
  • Dinning Room: Open Concept,Separate Dining Room
  • Laundry: None
  • Other Equipment: None
  • Patio/Porch Features: None
  • Security Features: 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 $225,000

  • Type: High Rise
  • Style: High Rise (6 or more stories)
  • Levels: One
  • Property Condition: Resale
  • Listing Terms: Cash,Conventional
  • Road Type: Asphalt
  • Cooling: Ceiling Fan(s),Multi Units,Wall Unit(s)
  • Heating: Hot Water,Other,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
  • Tax Year: 2024
  • Home Warranty: No

Neighborhood

The average asking price of a 2 bedroom Atlanta condo in this zip code is $491,037 (118.2% more than this home).

This condo is priced at $209/sqft, which is 73.6% 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:$1,140*
  • Taxes:$3,026

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) 823-4839 and speak with one of our real estate consultants.

Listing Courtesy of RE/MAX Metro Atlanta Cityside. For information or to schedule a viewing of this property (MLS# 7495725F), call: 404 823 4839

215 Piedmont Ne Ave # 1001, Atlanta GA is a condo of 1075 sqft and is currently priced at $225,000 . This condo has 2 bedrooms. A comparable condo for sale at 10 Carlisle Ne Way in Atlanta is listed at $365,000. In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Atlanta, GA. Siena At Renaissance, Cornerstone Village and Ponceana are nearby neighborhoods. MLS 7495725F has been posted on this site since 12/11/2024 (today).

2024 12/24/2024

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