215 Piedmont Avenue Northeast, Unit 804
$199,850
1
1
631
631
$317
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. 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.
- 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 804
Subdivision Complex
Landmark
Architectural StyleHigh Rise (6 or more stories)
ExteriorNone
Num Of Parking Spaces1
Parking FeaturesAssigned
Property AttachedYes
Waterfront FeaturesNone
LISTING UPDATED: 12/27/2024 11:53 AM
Property Details for 215 Piedmont Avenue Northeast, Unit 804
Status | Active |
---|---|
MLS # | 7495712 |
Days on Market | 20 |
Taxes | $2,113 / year |
HOA Fees | $638 / 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 804
Building/Complex215 Piedmont Ave NeFloor-Stories1Residences205Pet Policy-Year Built1963
Property Information for 215 Piedmont Avenue Northeast, Unit 804
Property History for 215 Piedmont Avenue Northeast, Unit 804
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 804
Taxable ValueLand$5,560Additions$43,840Total$49,400
Tax Record2022$2,045 ($170 / month)
Home Facts
Beds1Baths1Total Finished SqFt631 SqFtAbove Grade Finished SqFt631 SqFtStories1Lot Size610 SqFtStyleCondominiumYear Built1963ZoningSPI1CountyFULTONAPN14 005100130640
Schools near 215 Piedmont Avenue Northeast, Unit 804
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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