Active
215 Piedmont Avenue NE Unit 2208
Atlanta GA, 30308
$250,000
$294.12 per sqft
Active
1 Bed
1 Bath
850 sqft
Condos
Built in 1963
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 1920x1080 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.
7495674
MLSⓇ ID
December 10, 2024
Listed
January 9, 2025
Updated
Map
215 Piedmont Avenue NE Unit 2208
Atlanta GA, 30308
Interior Features
Total Stories
1
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Elevator, Entrance Foyer
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Laundry Description
None
Floor Description
Hardwood
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Multi Units, Wall Unit(s), Other
Heating
Yes
Heating Description
Hot Water, Wall Unit(s), Other
Exterior/Building Features
Lot Size
0.02 Acres
Exterior Features
None
Lot Features
Corner Lot
Architectual Style
High Rise (6 or more stories)
Roof
Other
Sewer
Public Sewer
School Information
High School
Midtown
Elementary School
Hope-Hill
Other Property Details
Taxes
$2,589
Tax Frequency
Annually
Days on Market
30
Association Fee
$857
Association Fee Frequency
Monthly
Garage
No
Parking
Assigned
Parking Total
1
View
Yes
View Description
City
County
Fulton - GA
Water Source
Public
Pool
No
Pool Features
In Ground
Green Building Features
Green Features
None
Listed by The Zac Team with RE/MAX Metro Atlanta Cityside 404-371-4419
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2025 First Multiple Listing Service, Inc.
©2025 FMLS. All rights reserved.
Data last updated 9:08 PM UTC, 1/9/2025