tomo logo

$219,000

Beds
8
Baths
2.0
sq ft
1,289

217 W Simon Ter NW, Atlanta, GA 30318

217 W Simon Ter NW

Atlanta, GA 30318

  • 28 days on market
Looking for cash flow? You found it! This vacant home has been set up for roommates on the PadSplit platform, which provides furnished rooms for rent. PadSplit provides affordable rooms for the workforce while getting a much higher ROI for investors. This home can generate $5700+ per month in rent with its current setup. Excellent off-street parking behind the house and only 1 mi from HE Holmes MARTA Train Station - this home check's all the boxes for CoLiving or PadSplit. Its layout is also ideal for the savvy house-hacker wanting sweat equity, CoLiving investor, or handy owner-occupant looking for the versatility of a flexible floor plan comprising 8 rooms that could be used as bedrooms or flex-rooms. This home only needs some light cosmetic work to be up and running again. This home's distinctive layout offers a plethora of choices. In need of multiple work-from-home spaces? How about a dedicated gym, a media room, or extra rooms for guests? This property has got you covered. Alternatively, for the savvy owner-occupant, move in and let your roommates pay your mortgage and start building wealth from day one. OFFER REQUIREMENTS: Do all due diligence prior to submitting offer, $7,500 EM, closing attorney must be the Fryer Law Firm

Details

Property type

Single Family Residence

Lot size

9,583 sq ft

Price per sq ft

$170

Year built

1960

Annual property taxes

$3,023

Price History

06/19/2024
FMLS

FMLS #7407051

Listed
$219,000
06/06/2024
FMLS

FMLS #7341847

Removed
$219,000
06/03/2024
FMLS

FMLS #7341847

Price change
$219,000
-6.81%

Schools & Community

Neighborhood: 

Collier Heights

Elementary school: 

Bazoline E. Usher/Collier Heights

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

Community features: 

Restaurant

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Status: Active

Tomo last checked: 07/16/2024 at 8:20 PM

Listing updated: 07/11/2024 at 11:15 AM

Listed by: Josh Stanton, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7407051

FMLS logo

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