215 Piedmont Avenue Northeast, Unit 804

Atlanta, GA 30308

$199,850
Price
1
Beds
1
Bath
631 Sq. Ft.
$317 / Sq. Ft.
631
Sq. Ft.
$317
per Sq. Ft.

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.
  1. Listed by The Zac Team • RE/MAX Metro Atlanta Cityside
  2. Listed by Ken Kraften • RE/MAX Metro Atlanta Cityside

Property Details for 215 Piedmont Avenue Northeast, Unit 804

Subdivision Complex
Landmark
Architectural Style
High Rise (6 or more stories)
Exterior
None
Num Of Parking Spaces
1
Parking Features
Assigned
Property Attached
Yes
Waterfront Features
None
LISTING UPDATED: 12/27/2024 11:53 AM

Property Details for 215 Piedmont Avenue Northeast, Unit 804

StatusActive
MLS #7495712
Days on Market20
Taxes$2,113 / year
HOA Fees$638 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1963
CountyFulton 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

Summary
Location and General Information
  • Community Features: Concierge, Homeowners Assoc, Near Public Transport, Sidewalks
  • Directions: GPS Friendly
  • Lake Name: None
  • View: City
  • Coordinates: -84.38161, 33.760293
Taxes and HOA Information
  • Parcel Number: 14 005100130640
  • Tax Year: 2024
  • Master Association Fee: $.00
  • Master Association Fee Frequency: Annually
  • Association Fee Includes: Electricity, Gas, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Security, Sewer, Swim, Termite, Trash, Utilities, Water
  • HOA Contact Phone: 404-659-7035
  • HOA Rent Restrictions: No
  • Association: Yes
  • Block: 0
  • Tax Legal Description: See attached
  • Tax Lot: 0
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard
Interior and Exterior Features
Interior Features
  • Cooling: Multi Units
  • Heating: Hot Water, Wall Unit(s)
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Ceramic Tile, Hardwood
  • Interior Features: Elevator, His and Hers Closets
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Other
  • Diningroom Features: Open Concept
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Stone Counters, View to Family Room
  • Master Bathroom Features: Tub/Shower Combo
  • Foundation: Slab
  • Main Bedrooms: 1
  • Total Half Baths: 0
  • Bathrooms Total Interger: 1
  • Main Full Baths: 1
  • Additional Rooms: Sun Room, Other
  • Bathrooms Total Decimal: 1.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Concrete
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: None
  • Pool Features: Indoor
  • Road Surface Type: Asphalt
  • Roof Type: Other
  • Security Features: Key Card Entry, Security Lights, Smoke Detector(s)
  • Spa Features: None
  • Laundry Features: Electric Dryer Hookup, In Hall, Laundry Closet
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts
Property and Assessments
  • FHA Condo Approval: Yes
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Above Grade Finished Area: 631.0
  • SqFt Source: Public Records
  • Square Footage: 631.0
  • Common Walls: 2+ Common Walls
  • Land lot: 0
  • Lot Features: Corner Lot, Landscaped
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 205
Income & Expenses Information
  • Swim/Tennis Fee: $0
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Owner

Property History for 215 Piedmont Avenue Northeast, Unit 804

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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215 Piedmont Avenue Northeast, Unit 804 is a condo for sale in Atlanta, GA 30308. This property was listed for sale on December 10, 2024 by RE/MAX Metro Atlanta Cityside, it's currently listed at $199,850. It has been on the market for a total of 20 days and was last sold on August 15, 2018. This listing's school district is Atlanta Public Schools. Nearby schools include Centennial Academy, Midtown High School and Kindezi Old 4th Ward. 215 Piedmont Avenue Northeast, Unit 804 is a 1-bed, 1-bath, 631 sqft condo built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Metro Atlanta Cityside, The Zac Team; RE/MAX Metro Atlanta Cityside, Ken Kraften

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.