CASH FLOW JUGGERNAUT BUSINESS, PENTHOUSE CORNER UNIT, 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.**********Newly renovated One Bedroom, One Bathroom, PENTHOUSE CORNER Level, Top Floor, Living room Dining room combination, Remote Workstation Setup, and storage room. Fully supplied and stocked. ALL FURNISHING INCLUDED. Completely renovated with new sleek blue cabinets equipped with shiny stainless steel appliances, refrigerator with ice and water dispenser. Cozy coffee nook with K cups for your morning enjoyment. Remote work paradise, quiet top-floor is tranquil to focus, amazing Night city views. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring) throughout. Work/Gamer Automated adjustable Standing desk, Super comfy Gaming Chair or Stand, Dual Monitors Samsung 27-inch 1920×1080 Curved Monitors, Docking Station, Wireless Keyboard and Mouse for convenience. The primary bedroom offers great views with a private bathroom and a stunning city view. The second bed is a comfy sleeper sofa with plenty of pillows and has access to the hall bathroom. This unit has a private supply closet with a digital combination lock—huge flat-screen TVs in every room, both bedroom and living room—and super-premium quality hybrid mattress.**********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 #:
7495674
Status:
Active
Beds:
1
Baths:
1
Address:
215 Piedmont Avenue NE Unit 2208
Type:
Condo
Subtype:
Condominium
Subdivision:
Landmark
City:
Atlanta
Listed Date:
Dec 10, 2024
State:
GA
Finished Sq Ft:
850
Total Sq Ft:
850
ZIP:
30308
Year Built:
1963
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
Multi Units, Wall Unit(s), Other
Flooring
Hardwood
Heating
Hot Water, Wall Unit(s), Other
Laundry Features
None
Exterior
Architectural Style
High Rise (6 or more stories)
Community Features
Concierge, Fitness Center, Homeowners Assoc, Meeting Room, Near Public Transport, Near Shopping, Pool, Sidewalks
Construction Materials
Cement Siding
Exterior Features
None
Other Structures
None
Parking Features
Assigned
Parking Spots
1
Roof
Other
Financial
HOA Fee
$857
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
$1,864
Tax Year
2024
Taxes
$2,589
Map
Community
- Address215 Piedmont Avenue NE Unit 2208 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 2208
Atlanta, GA
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