215 Piedmont AVE NE #1001, Atlanta, GA 30308 - MLS#7495725

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Dana Possick

dana@mrwoodstock.com +1(404) 309-2930

$ 225,000

Est. payment -/mo

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215 Piedmont AVE NE #1001 Atlanta, GA 30308

2 Beds

1 Bath

1,075 SqFt

UPDATED:

12/19/2024 03:29 AM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,075 sqft

Price per Sqft $209

Subdivision Landmark

MLS Listing ID 7495725

Style High Rise (6 or more stories)

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Fees $1,076

HOA Y/N Yes

Originating Board First Multiple Listing Service

Year Built 1963

Annual Tax Amount $3,026

Tax Year 2024

Lot Size 1,075 Sqft

Acres 0.0247

Property 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, 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.

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Master on Main,Roommate Floor Plan,Split Bedroom Plan

Other Rooms None

Basement None

Main Level Bedrooms 2

Dining Room Open Concept, Separate Dining Room

Interior

Interior Features Elevator, High Speed Internet

Heating Hot Water, Wall Unit(s), Other

Cooling Ceiling Fan(s), Multi Units, Wall Unit(s)

Flooring Ceramic Tile, Hardwood

Fireplaces Type None

Window Features None

Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator

Laundry None

Exterior

Exterior Feature None

Parking Features Assigned, Parking Lot

Fence None

Pool Indoor

Community Features Concierge, Homeowners Assoc, Meeting Room, Near Public Transport, Near Shopping, Near Trails/Greenway, Pool, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Other

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Corner Lot, Landscaped, Level

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style High Rise (6 or more stories)

Level or Stories One

Structure Type Concrete

New Construction No

Construction Status Resale

Schools

Elementary Schools Hope-Hill

Middle Schools David T Howard

High Schools Midtown

Others

HOA Fee Include Electricity,Gas,Internet,Maintenance Grounds,Maintenance Structure,Pest Control,Reserve Fund,Security,Sewer,Swim,Termite,Trash,Utilities,Water

Senior Community no

Restrictions false

Tax ID 14 005100130814

Ownership Condominium

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing no

Special Listing Condition None

Listed by RE/MAX Metro Atlanta Cityside

Dana Possick

Broker/REALTOR | License ID: 246701

+1(404) 309-2930

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Woodstock, GA

Dana Possick

215 Piedmont AVE NE #1001 Atlanta, GA 30308

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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215 Piedmont AVE NE #1001