$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 #7407051
Listed
$219,000
06/06/2024
FMLS #7341847
Removed
$219,000
06/03/2024
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
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
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