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.**********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 lock—huge flat-screen TVs in both bedroom and living room—and 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.
Listing Provided Courtesy of RE/MAX Metro Atlanta Cityside
Property Details
Price:
$250,000
MLS #:
7498786
Status:
Active
Beds:
1
Baths:
1
Address:
215 Piedmont Avenue NE Unit 1109
Type:
Condo
Subtype:
Condominium
Subdivision:
Landmark
City:
Atlanta
Listed Date:
Dec 21, 2024
State:
GA
Finished Sq Ft:
1,020
Total Sq Ft:
1,020
ZIP:
30308
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Elementary School:
Hope-Hill
Middle School:
David T Howard
High School:
Midtown
Interior
Appliances
Dishwasher, Disposal, Gas Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Multi Units, Wall Unit(s)
Flooring
Ceramic Tile, Hardwood
Heating
Hot Water, Radiant, Wall Unit(s)
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
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
$2,497
Map
Community
- Address215 Piedmont Avenue NE Unit 1109 Atlanta GA
- SubdivisionLandmark
- CityAtlanta
- CountyFulton – GA
- Zip Code30308
Similar Listings Nearby
- 860 Peachtree Street NE Unit 2513
Atlanta, GA$325,000
1.27 miles away
- 2637 Peachtree Road NE Unit 308
Atlanta, GA$325,000
4.60 miles away
- 860 Peachtree Street NE Unit 1010
Atlanta, GA$325,000
1.27 miles away
- 1445 Monroe Drive NE Unit C19
Atlanta, GA$325,000
2.50 miles away
- 170 Boulevard SE Unit E003
Atlanta, GA$325,000
1.00 miles away
- 224 Triumph Drive NW
Atlanta, GA$325,000
4.54 miles away
- 869 Briarcliff Road NE Unit B20
Atlanta, GA$325,000
2.39 miles away
- 335 W Ponce De Leon Avenue Unit 405
Decatur, GA$325,000
4.73 miles away
- 2277 Peachtree Road NE Unit 702
Atlanta, GA$324,000
3.87 miles away
- 620 Glen Iris Drive NE Unit 410
Atlanta, GA$320,000
1.10 miles away
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 1109
Atlanta, GA
LIGHTBOX-IMAGES