215 Piedmont Avenue NE, Unit 1001
Atlanta, GA, 30308 $ 225,000
Bedrooms2 Baths1.0 Sq 1,075 Monthly Estimate*
$ 1,348
for $225,000 with 2 bedrooms and 1 full bath. This 1,075 square foot condo was built in 1963 on a lot size of 0.025.
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. Although the final payout has not been explicitly promised, it is anticipated to provide substantial funds for significant building-wide improvements. 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 Airbnb, Booking.com, and VRBO 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.
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FeaturesGeneralInterior Features Master On Main Level Roommate Plan Split Bedroom Plan
Sewer Public Sewer
Heating Hot Water Other
Cooling Ceiling Fan(s)
Utilities Cable Available Electricity Available High Speed Internet Natural Gas Available Phone Available Sewer Available Water Available
Roof Other
Appliances Dishwasher Disposal Microwave Refrigerator
HOA Fee 12912
Association Fee Includes Maintenance Structure Maintenance Grounds Pest Control Reserve Fund Security Sewer Swimming Trash Water
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Concrete
Year Built 1963
View City
Levels One
Unit Number 1001
Property Subtype Condominium
Tax Year 2024
Waterfront Features No Dock Or Boathouse
Community Features Pool Sidewalks Near Public Transport Near Shopping
County Fulton
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Landmark
Garage Y/N N
Full Baths 1
Status New
Directions GPS Friendly
High School Grady
City Atlanta
Body of Water None
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 1089
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N Y
Elementary School Hope Hill
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 3026
Home Warranty Y/N N
Middle/Junior High School David T Howard
Property Condition Resale
Structure Type High Rise
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Flooring Hardwood Tile
Total Fireplaces 0
Common Walls 2+ Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1075
Half Baths 0
Laundry Features None
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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ExteriorParking Features Assigned
Lot Features Corner Lot Level
Water Source Public
Total Parking 1
Lot Size Area 1089
Foundation Details Slab
Spa N
Building Area Total 1075
Lot Size Acres 0.025
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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* Excluded FeaturesList ByRe/Max Metro Atlanta CitysideBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,348
- Monthly Property Taxes
- $252
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Atlanta, GA
Average List Price $484,163
Percent of Sale Price 115%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4134561 Elementary School
4133595 Middle School
Grady High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/11/2024 | $225,000 | | Listed Price |
215 Piedmont Avenue NE, Unit 1001, Atlanta, GA, 30308 is a Condo for sale at $225,000 with 1,075 sqft and a lot size of 0.025. 215 Piedmont Avenue NE, Unit 1001 has 2 bedrooms, 1.0 baths, and was built in 1963. The property's zip code is 30308 which is in Atlanta, GA