Bought with Lee Ann Sherry • Real Broker LLC
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Key Details
Sold Price $265,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision Landmark
MLS Listing ID 10338526
Sold Date 08/09/24
Style Other
Bedrooms 2
Full Baths 1
Construction Status Updated/Remodeled
HOA Fees $7,632
HOA Y/N Yes
Year Built 1963
Annual Tax Amount $2,385
Tax Year 2023
Lot Size 827 Sqft
Property Description
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 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. It is one of the largest units in the building, flooded with natural light and boasting amazing views of the city skyline. The condo includes 2 large bedrooms, a renovated tile bath with a new vanity, a kitchen with white cabinets, granite counters, and stainless steel appliances, and the rare addition of a washer and dryer. The large great room offers ample seating, a fold-out sofa to sleep a total of 6, and a designated working area with a desk. DonCOt 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.
Location
State GA
County Fulton
Rooms
Basement None
Main Level Bedrooms 2
Interior
Interior Features Master On Main Level, Roommate Plan, Split Bedroom Plan
Heating Baseboard
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood, Tile
Exterior
Exterior Feature Other
Garage Assigned
Garage Spaces 1.0
Community Features Fitness Center, Pool, Walk To Public Transit, Walk To Shopping
Utilities Available Cable Available, Electricity Available, High Speed Internet
View City
Roof Type Other
Building
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Other
Construction Status Updated/Remodeled
Schools
Elementary Schools Centennial Place
Middle Schools David T Howard
High Schools Centennial
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
Special Listing Condition Investor Owned
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Robert Clements
Associate Broker | License ID: 415129
Associate Broker License ID: 415129