215 Piedmont Avenue NE 1001 Atlanta, GA 30308

Condominium MLS #: 7495725 Courtesy Of ReMax Metro Atlanta

$225,000

2 beds | 1 baths | 1,075 sq ft
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Est. Property Tax: $3,026
Estimated monthly payments: $1,236/mo.* (recalculate)

Property InformationDescription

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 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.**********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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: High Rise
  • Lot Size: 0.03 Acres

MAP & DIRECTIONS

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215 Piedmont Avenue NE 1001, Atlanta, GA 30308
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School Information

215 Piedmont Avenue NE 1001, Atlanta, GA 30308

Elementary School
Grades KG-8 | Public School
CENTENNIAL ACADEMY
Atlanta, GA 30313
531 Luckie St NW
404.­802.8550
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
719
Middle School
Grades KG-8 | Public School
CENTENNIAL ACADEMY
Atlanta, GA 30313
531 Luckie St NW
404.­802.8550
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
719
High School
Grades 9-12 | Public School
MIDTOWN HIGH SCHOOL
Atlanta, GA 30309
929 Charles Allen Dr NE
404.­802.3001
Distance: 1.5 mi
School Rating
B
Student:Teacher Ratio
17:1
Total Students
1518
Other Nearby Schools Distance Type Grades School Rating
Cristo Rey Atlanta Jesuit High School 0.1 mi Private 9-12
Hope - Hill Elementary School 0.6 mi Public PK-5 D+
Department Of Human Resources 0.7 mi Public PK-12
Kindezi Old 4th Ward 0.7 mi Public KG-8 D
D.t. Howard Middle School 0.7 mi Public 6-8 B
Imagine Wesley International Academy Charter Facility 0.9 mi Public KG-8 C-
The Ellis School Of Atlanta 1.1 mi Private UG
The New School 1.3 mi Private 9-12
The New School Atlanta 1.3 mi Private 9-12
The Life School Of Atlanta 1.4 mi Private PK-12
St Nicholas Orthodox Academy 1.5 mi Private KG-8
The Childrens School 1.5 mi Private PK-8
Martin Luther King Jr. Middle School 1.5 mi Public 6-8 D+
Dunbar Elementary School 1.7 mi Public PK-5 D+
Atlanta Neighborhood Charter - Elementary School 1.7 mi Public KG-5 B+
Hollis Innovation Academy 1.7 mi Public EE-8 D
Maynard Holbrook Jackson High School 1.8 mi Public 9-12 C
Morningside Elementary School 1.9 mi Public KG-5 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlanta, GA 30308

Median Age: 32.5
Married: 13%
Number of Households: 13,338
Households with Children: 6.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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