217 W Simon Terrace, Atlanta, GA 30318

  • $235,000
  • $245,000
217 W Simon Terrace, Atlanta, GA 30318
For Sale
217 W Simon Terrace, Atlanta, GA 30318
  • $235,000
  • $245,000

Overview

Property ID: JS-11591632
  • Residential Detached
  • Property Type
  • 8
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 2014
  • Sqft
  • 1960
  • Year Built

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

  • Address 217 W Simon Terrace
  • City Atlanta
  • State/county GA
  • Zip/Postal Code 30318
  • Area Pyramid Assoc Inc Sub
  • Country United States

Details

Updated on May 16, 2024 at 9:25 pm
  • Property ID: JS-11591632
  • Price: $235,000
  • Property Size: 2014 Sqft
  • Land Area: 0.22 Acres
  • Bedrooms: 8
  • Bathrooms: 2
  • Garages: 2
  • Year Built: 1960
  • Property Type: Residential Detached
  • Property Status: For Sale
  • MLS#: 7341847
  • Office Name: KELLER WILLIAMS REALTY METRO ATLANTA
  • Agent Name: Josh Stanton
  • MLS Status: Active
  • extra_data/PropertySubType: Single Family Residence

Additional details

  • List Office MLSID: KWAD01
  • List Agent MLSID: JOSHST
  • List Date: 2024-02-21
  • Roof: Composition,Shingle
  • View: Other
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Tax Annual: 3023
  • Tax Year: 2023
  • Flooring: Laminate
  • County: Fulton - GA
  • Pool: None
  • Parking: Driveway,Garage
  • Elementary School: Bazoline E. Usher/Collier Heights
  • Middle/Junior School: John Lewis Invictus Academy/Harper-Archer
  • High School: Frederick Douglass
  • Community Features: None
  • Waterfront: None
  • Water Source: Public
  • Accessibility Features: None
  • Community Features: None
  • Fireplace Features: None
  • Laundry Features: In Basement
  • Lot Features: Back Yard,Front Yard,Level
  • Patio And Porch Features: Screened,Side Porch
  • Security Features: None
  • Spa Features: None
  • Window Features: None
  • Bedroom Features: Roommate Floor Plan
  • Kitchen Features: Cabinets White
  • Master Bathroom Features: None

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