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217 W Simon Terrace

Atlanta, GA 30318
  • $219,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 10322280
UPDATED: 141 min ago
$219,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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

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Georgia MLS logo© 2024 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 Team Reign | Give Back Real Estate | eXp Realty 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 Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-07-20T19:10:48.067.
www.reignsold.com/homes/151824034
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217 W Simon Terrace Atlanta, GA 30318

  • Price: $219,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 141 min ago
  • MLS #: 10322280
8
Beds
2
Baths
0
½ Baths
0.22
Acres
1960
Built
Neighborhood:
Pyramid Assoc Inc Sub
County:
Fulton
Area:
ATLANTA
Elementary School:
Usher
Middle School:
J. L. Invictus Academy
High School:
Douglass
Property Description
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
Exterior Features

Architectural Style Brick 4 SideRanch Attached Garage YN No Carport YN No Common Walls No Common Walls Construction Materials Brick Foundation Details Block Garage YN Yes Levels One Lot Features Other Lot Size Area 9583.2 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Garage Parking Total 0 Patio And Porch Features Screened Roof Other Total Number Of Slips 0 View City View YN Yes

Interior Features

Above Grade Finished Area 0 Above Grade Finished Area Units Square Feet Appliances Refrigerator Basement Daylight Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 0 Building Area Units Square Feet Cooling Central AirElectric Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Other Heating Forced Air Heating YN Yes Interior Features Roommate Plan Laundry Features Common Area Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 1 Main Level Bedrooms 5 Rooms Bonus Room

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features Near Shopping District 14 Electric On Property YN Yes Es Bus Yn Yes Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Land Lot 206 Listing Terms CashConventional Ms Bus Yn Yes New Construction YN No Property Attached YN No Property Condition Resale Property Sub Type Single Family Residence Section 0 Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Investor Owned Structure Type House Tax Annual Amount 3023 Tax Year 2023 Unit 0 Utilities Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Realty: 404-564-5560. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 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 Team Reign | Give Back Real Estate | eXp Realty 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 Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-07-20T19:10:48.067.
 
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