new - 9 hours on rocket

215 Piedmont Ave NE Unit 1109, Atlanta, GA, 30308

$250,000

Home List Price

$2,969*

Closing Credit

1 Bedroom
1 Full Bath
1,020 SqFt
$245/SqFt
Condo

Location

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215 Piedmont Ave NE Unit 1109, Atlanta$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year Built1963
HeatingHot Water, Radiant, Other
CoolingMulti Unit(s), Wall Unit(s)
WaterfrontNone
FireplaceNone
ViewCity
MLS #7498786
Lot Size0.02 Acres
StatusActive

About 215 Piedmont Ave NE Unit 1109

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.**********One bedroom, One Bathroom, Living room Dining room combination, with separate kitchen and storage room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring) in the hallway and both bedrooms. Freshly repainted a month ago. This sleek, modern home is newly renovated. An extra-large living room and dining room are combined with fantastic city views day and night. Remote workspace and lounge area doubles as a secondary bed. Brand new kitchen cabinets equipped with shiny stainless steel appliances, a refrigerator with an ice and water dispenser, and a cozy coffee station with Keurig and K cups. The kitchen boasts quartz countertops and is fully equipped with small appliances and cooking utensils for a meal. Privately renovated bathroom, all new tile, vanity, large walk-in shower surround, glass door. This unit has a private supply closet with a digital combination lock—huge flat-screen TVs in both bedroom and living room—and premium quality hybrid mattresses.**********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 Details

Property Features

Property Information:

  • Architectural Style: High Rise (6 or more stories)
  • Year Built: 1963
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: RE/MAX Metro Atlanta Cityside
  • Office Phone: (404) 371-4419
  • Listing Agent: The Zac Team

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Elevator
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Parking Lot

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped, Level
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant, Other
  • Cooling: Multi Unit(s), Wall Unit(s)

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $245/SqFt

HOA Fees:

  • Amount: $1076
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

215 Piedmont Ave NE Unit 1109 vs Atlanta

1 DAY ON ROCKET

-46 Days

$250,000

-$171.8K Less

$245/SqFt

-$7 Less

KEY TAKEAWAY

This property is $171.8K less than the Median Sold Price and $7/SqFt less than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7498786

Listing Office:

  • Office Name: RE/MAX Metro Atlanta Cityside
  • Office Phone: (404) 371-4419
  • Listing Agent: The Zac Team

IDX 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 and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,391

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-835418
3
/10
  • Hope - Hill Elementary School

  • 112 Boulevard NE

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-835419
3
/10
  • Dunbar Elementary School

  • 500 Whitehall Ter SW

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-835420
7
/10
  • Atlanta Neighborhood Charter - Elementary School

  • 688 Grant St SE

  • 1.71 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,425. Residents of Atlanta, GA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 215 Piedmont Ave NE Unit 1109

What is the listing price of this property?

The listing price of 215 Piedmont Ave NE Unit 1109 property is $250,000.

What type of property is this?

The property 215 Piedmont Ave NE Unit 1109 is a condo located in Atlanta, Georgia, 30308.

Is this property for sale now?

Active Listing: 215 Piedmont Ave NE Unit 1109 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 215 Piedmont Ave NE Unit 1109 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 215 Piedmont Ave NE Unit 1109 is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 215 Piedmont Ave NE Unit 1109 is 1963.

Rocket HomesGeorgiaFulton CountyAtlanta30308215 Piedmont Ave NE Unit 1109

This home is located at 215 Piedmont Ave NE Unit 1109 in Atlanta, GA and zip code 30308 in the The Landmark neighborhood. This 1,020 square foot home, which was built in 1963, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $250,000.

In November 2024 more than 147 listings in Atlanta, GA were sold above the asking price. During the same period more than 188 listings were sold at asking price, while more than 559 were sold below. Between October 2024 and November 2024, Atlanta, GA real estate market has seen increase in the number of listings by 5.4%. In November 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $421,834.

From Rocket Homes Real Estate and based on county public records data.

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