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.
Listing Provided Courtesy of RE/MAX Metro Atlanta Cityside
Property Details
Price:
$225,000
MLS #:
7495725
Status:
Active
Beds:
2
Baths:
1
Address:
215 Piedmont Avenue NE Unit 1001
Type:
Condo
Subtype:
Condominium
Subdivision:
Landmark
City:
Atlanta
Listed Date:
Dec 11, 2024
State:
GA
Finished Sq Ft:
1,075
Total Sq Ft:
1,075
ZIP:
30308
Year Built:
1963
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Schools
Elementary School:
Hope-Hill
Middle School:
David T Howard
High School:
Midtown
Interior
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Ceiling Fan(s), Multi Units, Wall Unit(s)
Flooring
Ceramic Tile, Hardwood
Heating
Hot Water, Wall Unit(s), Other
Laundry Features
None
Exterior
Architectural Style
High Rise (6 or more stories)
Community Features
Concierge, Homeowners Assoc, Meeting Room, Near Public Transport, Near Shopping, Near Trails/ Greenway, Pool, Sidewalks
Construction Materials
Concrete
Exterior Features
None
Other Structures
None
Parking Features
Assigned, Parking Lot
Parking Spots
1
Roof
Other
Financial
HOA Fee
$1,076
HOA Frequency
Monthly
HOA Includes
Electricity, Gas, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Security, Sewer, Swim, Termite, Trash, Utilities, Water
Initiation Fee
$2,302
Tax Year
2024
Taxes
$3,026
Map
Community
- Address215 Piedmont Avenue NE Unit 1001 Atlanta GA
- SubdivisionLandmark
- CityAtlanta
- CountyFulton – GA
- Zip Code30308
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Courtesy of RE/MAX Metro Atlanta Cityside. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Area Realty include the name of the listing broker. Neither the listing company nor Area Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Atlanta, GA. All rights reserved.
215 Piedmont Avenue NE Unit 1001
Atlanta, GA
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