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$250,000
1 Day On Site

215 Piedmont AVE NE 1109
Atlanta, GA 30308

For Sale|Condominium|Active
1
Bed
1
Full Bath
0
Partial Baths
1,020
SqFt
$245
/SqFt
1963
Built
Subdivision:
Landmark
County:
Fulton

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215 Piedmont AVE NE 1109215 Piedmont AVE NE 1109215 Piedmont AVE NE 1109215 Piedmont AVE NE 1109
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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 propertyCOs 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 lockCohuge flat-screen TVs in both bedroom and living roomCoand 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.

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Listing Snapshot
Price 
$250,000
Days On Site 
1 Day
Bedrooms 
1
Inside Area (SqFt) 
1,020 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.023 Acres
Year Built 
1963
MLS® Number 
10430141
Status 
Active
Property Tax 
$2,497
HOA/Condo/Coop Fees 
$1,076 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
yesterdayListing first seen on site
General Features
Acres 
0.023
Foundation 
Slab
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking 
Assigned
Parking Spaces 
1
Property Sub Type 
Condominium
Security 
Key Card EntrySmoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1020
Stories 
One
Style 
Contemporary
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalRefrigerator
Basement 
None
Cooling 
OtherWindow Unit(s)
Flooring 
HardwoodTile
Heating 
Hot WaterRadiant
Laundry Features 
None
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Exterior Features
Construction Details 
Concrete
Lot Features 
Corner LotLevel
Roof 
Other
View 
City
Waterview 
City
Community Features
Association Dues 
12912
Community Features 
Pool
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Annually
Schools
School District
Unknown
Elementary School
Hope Hill
Middle School
David T Howard
High School
Grady
Listing courtesy of RE/MAX Metro Atlanta Cityside



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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