215 Piedmont Avenue NE Unit 1406
Atlanta, GA 30308
- 2 beds
- 2 baths
- 1,256 sqft
- 1,263 sqft lot
- $218 per sqft
- 1963 build
- – on site
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.
Listing courtesy of GAMLS / Zac Pasmanick / RE/MAX Metro Atlanta Cityside
Last checked:
Checking…
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Last updated Dec 21, 2024
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MLS# 10425159 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1963
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Construction Materials:Concrete
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Architectural Style:Other
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Structure Type:High Rise
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Roof:Other
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Levels:One
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Common Walls:2+ Common Walls
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Basement:None
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Foundation Details:Slab
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Total Finished Area:1256
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Above Grade Finished:1256
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Unit Number:1406
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Living Area Source:Public Records
Interior
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Rooms:Foyer, Laundry, Library, Other
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Interior Features:Bookcases, Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)
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Kitchen Features:Breakfast Room, Walk-in Pantry
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Flooring:Hardwood, Tile
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Security Features:Key Card Entry, Smoke Detector(s)
Financial & Terms
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Home Warranty:No
Location
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Latitude:33.760062
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Longitude:-84.381863
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Resale
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Lot Features:Corner Lot, Level
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Lot Size Acres:0.029
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Lot Size Source:Public Records
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Parcel Number:14 005100131168
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Leased Land:No
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View:City
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Pool Features:In Ground
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Waterfront Footage:No
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Waterfront Features:No Dock Or Boathouse
Listing Agent
- Contact info:
- Agent phone:
- (404) 371-4419
- Office phone:
- (404) 371-4419
Taxes
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Tax Year:2024
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Tax Annual Amount:$3,246
Beds
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Bedrooms:2
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Bed Main:2
Baths
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Full Baths:2
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Main Level Full Baths:2
Heating & Cooling
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Heating:Hot Water
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Refrigerator, Washer
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Laundry Features:Laundry Closet
Schools
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Elementary School:Centennial Place
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Elementary Bus:Yes
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Middle School:David T Howard
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Middle School Bus:Yes
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High School:Grady
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High School Bus:Yes
The Community
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Subdivision:Landmark
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Community Features:Park, Pool, Sidewalks, Street Lights, Walk To Public Transit, Walk To Shopping
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Association:Yes
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Annual Association: Fee$15,288
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Association Fee Includes:Maintenance Exterior, Maintenance Grounds, Pest Control, Swimming, Trash
Parking
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Parking Features:Assigned
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Parking Total:1
Monthly cost estimate
Asking price
$275,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,472
|
Taxes | $270 |
Insurance | $75 |
HOA fees | $1,274 |
Utilities | $149 See report |
Total | $3,240/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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12/10/24
Dec 10, 2024
|
Listed / Active | GAMLS | $275,000 | 96.4% (10.5% / YR) |
10/7/15
Oct 7, 2015
|
FMLS | $140,000 |