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$250,000
16 Days On Site

215 Piedmont Avenue NE 2208
Atlanta, GA 30308

For Sale|Condominium|Active
1
Bed
1
Full Bath
0
Partial Baths
850
SqFt
$294
/SqFt
1963
Built
Subdivision:
Landmark
County:
Fulton
215 Piedmont Avenue NE 2208215 Piedmont Avenue NE 2208215 Piedmont Avenue NE 2208215 Piedmont Avenue NE 2208
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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.

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Listing Snapshot
Price 
$250,000
Days On Site 
16 Days
Bedrooms 
1
Inside Area (SqFt) 
850 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.0195 Acres
Year Built 
1963
MLS® Number 
7495674
Status 
Active
Property Tax 
$2,589
HOA/Condo/Coop Fees 
$857 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.0195
Foundation 
Slab
Number Of Stories 
1
Parking 
Assigned
Parking Spaces 
1
Property Sub Type 
Condominium
Security 
Key Card EntrySmoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
850
SqFt Total 
850
Stories 
One
Style 
High Rise (6 or more stories)
Utilities 
Cable AvailableElectricity Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalGas RangeMicrowaveRefrigerator
Basement 
None
Cooling 
Multi UnitsWall Unit(s)Other
Fireplace Features 
None
Flooring 
Hardwood
Heating 
Hot WaterOther
Interior 
PantryElevatorEntrance Foyer
Laundry Features 
None
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Cement Siding
Exterior 
None
Fencing 
None
Lot Features 
Corner Lot
Other Structures 
None
Patio And Porch 
None
Pool Features 
In Ground
Road Frontage 
City Street
Roof 
Other
Spa Features 
None
View 
City
Waterfront Features 
None
Waterview 
City
Community Features
Association Dues 
857
Community Features 
Fitness CenterPoolSidewalks
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
Horse Property 
None
Roads 
Concrete
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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Neighborhood & Commute
Source: Walkscore
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