215 Piedmont Avenue NE #2208, Atlanta, GA 30308 (MLS # 10425063)

/215 Piedmont Avenue NE #2208, Atlanta, GA 30308 (MLS # 10425063)
215 Piedmont Avenue NE #2208, Atlanta, GA 30308 (MLS # 10425063)
Brought to you by Elite Home Management Services
Price $250,000
Status Active
Beds 1
Baths 1 Bath
Home size 850 sqft
Lot Size 872 sqft
Days on Market 19
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 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. 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 and 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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 12/10/2024 Tract Landmark
Year Built 1963 Garage Spaces 1.0
County Fulton

SCHOOLS

Elementary School Hope Hill
Jr. High School David T Howard
High School Grady

Additional Details

AIR Other
AIR CONDITIONING Yes
AMENITIES Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
APPLIANCES Microwave , Refrigerator
BASEMENT None
CONSTRUCTION Concrete
GARAGE Yes
HEAT Hot Water, Other
HOA DUES 10284|Annually
INTERIOR Entrance Foyer, Pantry
LOT 871 sq ft
LOT DESCRIPTION Corner Lot
PARKING Assigned
POOL Yes
POOL DESCRIPTION In Ground
SEWER Public Sewer
STORIES 1
STYLE Other
SUBDIVISION Landmark
TAXES 2589
UTILITIES Cable Available, Electricity Available
VIEW Yes
VIEW DESCRIPTION City
WATER Public

Location

 

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Listed with RE/MAX Metro Atlanta Cityside
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