215 Piedmont Avenue Northeast, Unit 1001
$225,000
2
1
1,075
1,075
$209
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,...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.
- Listed by The Zac Team • RE/MAX Metro Atlanta Cityside
- Listed by Ken Kraften • RE/MAX Metro Atlanta Cityside
Property Details for 215 Piedmont Avenue Northeast, Unit 1001
Subdivision Complex
Landmark
Architectural StyleHigh Rise (6 or more stories)
ExteriorNone
Num Of Parking Spaces1
Parking FeaturesAssigned, Parking Lot
Property AttachedYes
Waterfront FeaturesNone
LISTING UPDATED: 12/16/2024 12:29 PM
Property Details for 215 Piedmont Avenue Northeast, Unit 1001
Status | Active |
---|---|
MLS # | 7495725 |
Days on Market | 9 |
Taxes | $3,026 / year |
HOA Fees | $1,076 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1963 |
County | Fulton County |
Building Information for 215 Piedmont Avenue Northeast, Unit 1001
Building/Complex215 Piedmont Ave NeFloor-Stories1Residences205Pet Policy-Year Built1963
Property Information for 215 Piedmont Avenue Northeast, Unit 1001
Property History for 215 Piedmont Avenue Northeast, Unit 1001
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 215 Piedmont Avenue Northeast, Unit 1001
Taxable ValueLand$8,600Additions$55,400Total$64,000
Tax Record2022$2,650 ($221 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,075 SqFtAbove Grade Finished SqFt1,075 SqFtStories1Lot Size1,045 SqFtStyleCondominiumYear Built1963ZoningSPI1CountyFULTONAPN14 005100130814
Schools near 215 Piedmont Avenue Northeast, Unit 1001
This home is within Atlanta Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Centennial Academy CharterK to 8 | ||
Midtown High School Public9 to 12 | ||
Kindezi Old 4th Ward CharterK to 8 | ||
Wesley International Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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