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$225,000
10 Days On Site

215 Piedmont Avenue NE 1001
Atlanta, GA 30308

For Sale|Condominium|Active
2
Beds
1
Full Bath
0
Partial Baths
1,075
SqFt
$209
/SqFt
1963
Built
Subdivision:
Landmark
County:
Fulton

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404-205-8800
215 Piedmont Avenue NE 1001215 Piedmont Avenue NE 1001215 Piedmont Avenue NE 1001215 Piedmont Avenue NE 1001
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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.

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Listing Snapshot
Price 
$225,000
Days On Site 
10 Days
Bedrooms 
2
Inside Area (SqFt) 
1,075 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.0247 Acres
Year Built 
1963
MLS® Number 
7495725
Status 
Active
Property Tax 
$3,026
HOA/Condo/Coop Fees 
$1,076 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.0247
Foundation 
Slab
Number Of Stories 
1
Parking 
AssignedParking Lot
Parking Spaces 
1
Property Sub Type 
Condominium
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1075
SqFt Total 
1075
Stories 
One
Style 
High Rise (6 or more stories)
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalGas RangeMicrowaveRefrigerator
Basement 
None
Cooling 
Ceiling Fan(s)Multi UnitsWall Unit(s)
Fireplace Features 
None
Flooring 
Ceramic TileHardwood
Heating 
Hot WaterOther
Interior 
ElevatorHigh Speed Internet
Laundry Features 
None
Main Level Bedrooms 
2
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Exterior Features
Construction Details 
Concrete
Exterior 
None
Fencing 
None
Lot Features 
Corner LotLandscapedLevel
Other Structures 
None
Patio And Porch 
None
Pool Features 
Indoor
Road Frontage 
City Street
Roof 
Other
Spa Features 
None
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Association Dues 
1076
Community Features 
PoolSidewalks
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Hope-Hill
Middle School
David T Howard
High School
Midtown
Listing Provided Courtesy Of: The Zac Team of RE/MAX Metro Atlanta Cityside listingagents@zac.biz

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