tomo logo

$240,000

Beds
2
Baths
1.0
sq ft
931

215 Piedmont Ave NE Unit 1507, Atlanta, GA 30308

215 Piedmont Ave NE Unit 1507

Atlanta, GA 30308

  • 3 days on market
    • Price drop $25,000↓
Looking for one of the most profitable short-term rentals in the Atlanta market? Don't miss this rare find: a completely renovated 2-bedroom condo located in the heart of downtown. Situated near within walking distance to GA State University, Centennial Olympic Park, the Coke Museum, the Georgia Aquarium, CNN Center, GA Tech, Mercedes Benz Stadium, The Merchandise Mart and other restaurants and entertainment venues and less than 15 minutes to the Hartsfield Jackson Airport, this unit boasts an enviable location. It is one of the few condominiums that allow Airbnb rentals, with a proven income track record of approximately $35k per year. The monthly HOA includes ALL UTILTIES. The landmark building features 24-hour security with concierge service, a private parking lot, and a beautiful lobby currently undergoing a complete renovation. Enjoy amenities such as a pool and fitness center, and easy access to Marta. This unit is perfectly equipped for short-term rentals, offering everything you need and coming fully furnished incuding a washer & dryer. It is one of the largest units in the building, with tile floors, flooded with natural light and boasting amazing views of the city skyline. The condo includes 2 large bedrooms, one with king size bed, a renovated tile bath with a new vanity, a kitchen with lots of cabinets & counter space, granite counters, stainless steel appliances, new refrigerator and the rare addition of a washer and dryer. Additionally there is a walk-in pantry with ample storage. The large great room offers lots of seating, a sleeper sofa to sleep a total of 6, and separate dining area. Don’t miss this opportunity to own one of the best rental values in Atlanta. With numerous downtown events weekly and the World Cup Soccer coming to Atlanta in 2026, this unit presents an incredible investment opportunity for generating significant cash flow. Designated parking space.

Details

Property type

Condominium

Property condition

Updated/Remodeled

Lot size

915 sq ft

Price per sq ft

$258

Year built

1963

Annual property taxes

$3,098

Monthly HOA fee

$795

Price History

10/13/2024
FMLS

FMLS #7469974

Price change
$240,000
-9.43%
10/10/2024
FMLS

FMLS #7469974

Listed
$265,000
+55.88%
04/25/2018
FMLS

FMLS #5991780

Sold
$170,000
+81.23%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center, Pool

Number of units in community: 

200

Status: Active

Tomo last checked: 10/14/2024 at 5:25 PM

Listing updated: 10/13/2024 at 2:01 PM

Listed by: Lee Sherry, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7469974

FMLS logo

Recently listed in Atlanta

$359,000|4 bd|3.5 ba|House
$1,040,000|4 bd|4.0 ba|House
$395,000|4 bd|1.5 ba|House
$320,000|3 bd|2.5 ba|Condo
$850,000|6 bd|7.0 ba|House