217 W Simon Terrace
Atlanta, GA 30318
- 8 beds
- 2 baths
- – sqft
- 9,583 sqft lot
- 1960 build
- – on site
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Looking for cash flow? You found it! This vacant home has been set up for roommates on the PadSplit platform, which provides furnished rooms for rent. PadSplit provides affordable rooms for the workforce while getting a much higher ROI for investors. This home can generate $5700+ per month in rent with its current setup. Excellent off-street parking behind the house and only 1 mi from HE Holmes MARTA Train Station - this home check's all the boxes for CoLiving or PadSplit. Its layout is also ideal for the savvy house-hacker wanting sweat equity, CoLiving investor, or handy owner-occupant looking for the versatility of a flexible floor plan comprising 8 rooms that could be used as bedrooms or flex-rooms. This home only needs some light cosmetic work to be up and running again. This home's distinctive layout offers a plethora of choices. In need of multiple work-from-home spaces? How about a dedicated gym, a media room, or extra rooms for guests? This property has got you covered. Alternatively, for the savvy owner-occupant, move in and let your roommates pay your mortgage and start building wealth from day one. OFFER REQUIREMENTS: Do all due diligence prior to submitting offer, $7,500 EM, closing attorney must be the Fryer Law Firm
Listing courtesy of GAMLS / Josh Stanton / Keller Williams Realty
Last checked:
Checking…
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Last updated Aug 20, 2024
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MLS# 10322280 —
The Building
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Year Built:1960
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Construction Materials:Brick
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Architectural Style:Brick 4 Side, Ranch
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Structure Type:House
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Roof:Other
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Levels:One
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Common Walls:No Common Walls
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Basement:Daylight
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Foundation Details:Block
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Patio And Porch Features:Screened
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Living Area Source:Public Records
Interior
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Rooms:Bonus Room
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Interior Features:Roommate Plan
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Flooring:Other
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Security Features:Smoke Detector(s)
Financial & Terms
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Home Warranty:No
Location
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Latitude:33.760911
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Longitude:-84.47537
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Other
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Lot:12
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Lot Size Acres:0.22
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Lot Size Source:Public Records
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Parcel Number:14 020600060668
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Leased Land:No
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Land Lot:206
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View:City
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Waterfront Footage:No
Listing Agent
- Contact info:
- Agent phone:
- (404) 564-5560
- Office phone:
- (404) 564-5560
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,023
Beds
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Bedrooms:8
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Bed Main:5
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Bed Lower Level:3
Baths
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Full Baths:2
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Main Level Full Baths:1
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Lower Level Full Baths:1
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Air, Electric
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:Refrigerator
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Laundry Features:Common Area
Schools
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Elementary School:Usher
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Elementary Bus:Yes
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Middle School:J. L. Invictus Academy
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Middle School Bus:Yes
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High School:Douglass
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High School Bus:Yes
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District:14
The Community
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Subdivision:Pyramid Assoc Inc Sub
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Community Features:Walk To Shopping
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Garage
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/19/24
Aug 19, 2024
|
Sold | GAMLS | $200,000 | -8.7% |
7/30/24
Jul 30, 2024
|
Pending | GAMLS | $219,000 | |
6/19/24
Jun 19, 2024
|
Listed / Active | GAMLS | $219,000 |