Homes for sale - 215 Piedmont AVE NE #1406, Atlanta, GA 30308

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Scarlett Napolitano

scarlett@teamnapolitano.com +1(407) 808-6757

Listed by Zac Pasmanick • RE/MAX Metro Atlanta Cityside

$ 275,000

Est. payment | -/mo

2 Beds

2 Baths

1,256 SqFt

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$ 275,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,256 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,256 sqft

Price per Sqft $218

Subdivision Landmark

MLS Listing ID 10425159

Style Other

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $15,288

HOA Y/N Yes

Year Built 1963

Annual Tax Amount $3,246

Tax Year 2024

Lot Size 1,263 Sqft

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 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. Largest of the floor plans, Two bedroom, Two Bathroom, Living room Dining room combination, with separate kitchen and storage room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring) in the hallway and both bedrooms. Freshly repainted a month ago. The coffee nook is brightly lit in the morning and a great place to enjoy morning coffee and watch the sunset! The main living-dining room combination is a comfortable, expansive place to gather and entertain or spread out for work calls. The kitchen boasts granite countertops, fully equipped with small appliances and cooking utensils for a meal. The primary bedroom offers great views and a privately renovated bathroom, all new tile, vanity, shower surround, rare in-unit washer and dryer. The second bedroom 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 bedrooms and living room, and premium quality hybrid mattresses. 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 2

Interior

Interior Features Bookcases, Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)

Heating Hot Water

Cooling Ceiling Fan(s)

Flooring Hardwood, Tile

Exterior

Parking Features Assigned

Garage Spaces 1.0

Pool In Ground

Community Features Park, Pool, Sidewalks, Street Lights, Walk To Public Transit, Walk To Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water 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 Centennial Place

Middle Schools David T Howard

High Schools Grady

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Learn More About LPT Realty

Scarlett Napolitano

+1(407) 808-6757

scarlett@teamnapolitano.com

215 Piedmont AVE NE #1406 Atlanta, GA 30308

Scarlett Napolitano

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

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215 Piedmont AVE NE #1406