215 Piedmont AVE NE #2208 new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30308
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $294
Subdivision Landmark
MLS Listing ID 10425063
Style Other
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $10,284
HOA Y/N Yes
Year Built 1963
Annual Tax Amount $2,589
Tax Year 2024
Lot Size 871 Sqft
Property Description
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 Airbnb, Booking.com, and VRBO 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 1920x1080 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 and 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.
Location
State GA
County Fulton
Rooms
Basement None
Main Level Bedrooms 1
Interior
Interior Features Master On Main Level
Heating Hot Water,Other
Cooling Other
Flooring Hardwood
Exterior
Parking Features Assigned
Garage Spaces 1.0
Pool In Ground
Community Features Fitness Center,Pool,Sidewalks,Walk To Public Transit,Walk To Shopping
Utilities Available Cable Available,Electricity Available
Waterfront Description No Dock Or Boathouse
View City
Roof Type Other
Building
Story One
Foundation Slab
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Hope Hill
Middle Schools David T Howard
High Schools Grady
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional