215 Piedmont Avenue NE Unit 1001
Atlanta, GA 30308
- 2 beds
- 1 bath
- 1,075 sqft
- 1,089 sqft lot
- $209 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. Although the final payout has not been explicitly promised, it is anticipated to provide substantial funds for significant building-wide improvements. 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.**********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.
Listing courtesy of GAMLS / Zac Pasmanick / RE/MAX Metro Atlanta Cityside
Last checked:
Checking…
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Last updated Jan 9, 2025
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MLS# 10425657 —
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:Contemporary
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Structure Type:High Rise
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Unit Number:1001
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Roof:Other
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Foundation Details:Slab
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Levels:One
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Basement:None
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Total Finished Area:1075
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Above Grade Finished:1075
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Living Area Source:Public Records
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Common Walls:2+ Common Walls
Interior
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Interior Features:Master On Main Level, Roommate Plan, Split Bedroom Plan
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Security Features:Smoke Detector(s)
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Flooring:Hardwood, Tile
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Rooms:Sun Room
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
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:0.025
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Lot Size Source:Public Records
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Parcel Number:14 005100130814
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Leased Land:No
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View:City
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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:$3,026
Beds
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Bedrooms:2
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Bed Main:2
Baths
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Full Baths:1
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Main Level Full Baths:1
Heating & Cooling
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Heating:Hot Water, Other
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone 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, Microwave, Refrigerator
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Laundry Features:None
Schools
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Elementary School:Hope Hill
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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:Pool, Sidewalks, Walk To Public Transit, Walk To Shopping
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Association:Yes
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Annual Association: Fee$12,912
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Association Fee Includes:Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Swimming, Trash, Water
Parking
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Parking Features:Assigned
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Parking Total:1
Monthly cost estimate
Asking price
$225,000
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. |
$1,204
|
Taxes | $252 |
Insurance | $61 |
HOA fees | $1,076 |
Utilities | $142 See report |
Total | $2,735/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.
Sale history
Date | Event | Source | Price | % Change |
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12/11/24
Dec 11, 2024
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Listed / Active | GAMLS | $225,000 |