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215 Piedmont Avenue NE , #804

Atlanta, GA 30308
  • $199,850
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 10425203
UPDATED: 49 min ago
$199,850
  • 1
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 631
    SQFT
  • $317
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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 propertyCOs 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.**********Recently renovated one bedroom, one bathroom, living room/kitchen combination, and separate dining room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring), private bedroom with premium quality hybrid mattress and sleeper sofa, clean white bathroom, rare in-unit high-efficiency washer & dryer, high-speed internet, blackout blinds & curtains. It is furnished in calming blues, grays, and whites and is stocked to host several people comfortably, and is fully loaded. It features a queen-bedroom suite with a great view of the city. The living area features a rustic, charming real wood accent wall with an adjustable wall-mounted flatscreen TV. The kitchen area is fully stocked with quartz countertops, stainless appliances, and cooking & dining essentials.**********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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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jamie Moorman Team | Southern Classic Realtors are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jamie Moorman Team | Southern Classic Realtors. Data last updated: 2025-01-16T10:10:13.997.
www.jamiemoormanteam.com/homes/158664139
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215 Piedmont Avenue NE , #804 Atlanta, GA 30308

  • Price: $199,850
  • Status: Active
  • On Site: 36 Days
  • Updated: 49 min ago
  • MLS #: 10425203
1
Beds
1
Baths
0
½ Baths
0.02
Acres
631
SQFT
$317
$/SQFT
1963
Built
Neighborhood:
Landmark
County:
Fulton
Area:
ATLANTA
Elementary School:
Hope Hill
Middle School:
David T Howard
High School:
Grady
Property Description
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 propertyCOs 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.**********Recently renovated one bedroom, one bathroom, living room/kitchen combination, and separate dining room. Fully supplied and stocked. ALL FURNISHING INCLUDED. New luxury vinyl hardwood floors (AquaGuard/Floor & Decor waterproof flooring), private bedroom with premium quality hybrid mattress and sleeper sofa, clean white bathroom, rare in-unit high-efficiency washer & dryer, high-speed internet, blackout blinds & curtains. It is furnished in calming blues, grays, and whites and is stocked to host several people comfortably, and is fully loaded. It features a queen-bedroom suite with a great view of the city. The living area features a rustic, charming real wood accent wall with an adjustable wall-mounted flatscreen TV. The kitchen area is fully stocked with quartz countertops, stainless appliances, and cooking & dining essentials.**********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.
Exterior Features

Architectural Style Other Attached Garage YN No Carport YN No Common Walls 2+ Common Walls Construction Materials Concrete Foundation Details Slab Garage YN No Levels One Lot Features Corner Lot Lot Size Area 653.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Assigned Parking Total 1 Roof Other Total Number Of Slips 0 View City View YN Yes

Interior Features

Above Grade Finished Area 631 Above Grade Finished Area Units Square Feet Appliances DishwasherDisposalDryerMicrowaveRefrigeratorWasher Basement None Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 631 Building Area Units Square Feet Cooling Ceiling Fan(s)Other Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring HardwoodTile Heating Hot Water Heating YN Yes Interior Features Other Kitchen Features Breakfast Area Laundry Features In HallLaundry Closet Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 1 Main Level Bedrooms 1 Rooms OtherSun Room

Property Features

Association Fee 7656 Association Fee Includes Maintenance StructureMaintenance GroundsPest ControlReserve FundSecuritySewerSwimmingTrashWater Association YN Yes Community Features SidewalksNear Public Transport Electric On Property YN Yes Es Bus Yn Yes Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Listing Terms CashConventional Ms Bus Yn Yes New Construction YN No Property Attached YN Yes Property Condition Resale Property Sub Type Condominium Security Features Key Card EntrySmoke Detector(s) Sewer Public Sewer Structure Type High Rise Tax Annual Amount 2113 Tax Year 2024 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Body Name None Water Source Public Waterfront Features No Dock Or Boathouse Waterfront YN No

GAMLS logo Listing provided courtesy of RE/MAX Metro Atlanta Cityside: 404-371-4419. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jamie Moorman Team | Southern Classic Realtors are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jamie Moorman Team | Southern Classic Realtors. Data last updated: 2025-01-16T10:10:13.997.
 
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