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217 W Simon Terrace,  Atlanta GA, 30318

(Active)
$235,000
|
8 beds, 2 Full baths, 2,014 sqft
|
MLS# 10256450
Last Updated: 5/20/2024 9:13 PM
Description for 217 W Simon Terrace Atlanta, GA 30318
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
Price
$235,000
Pyramid Assoc Inc Sub
Fulton
8
2 Full
2,014 (approx)
10256450
Active
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
Listing Information
Property Type: Single Family, Ranch, Ranch, Traditional, 1 Story
8 2 Full
0.22 Acres 2,014 (approx) 1960
Yes 1 Brick
Pyramid Assoc Inc Sub
Public
Public Sewer
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Neighborhood
School Information
Usher J. L. Invictus Academy Douglass
Room Information
Bathrooms
2
In Basement
Interior Features
1,007 Sq. Ft. Above Ground ,1,007 Sq. Ft. Below Ground
Refrigerator
Laminate
Central Air
Other, Central
No Common Walls
Full
Exterior / Lot Features
Garage, Off Street
Brick
Screened
Composition
Level
Driving Directions
Take I-85 S and I-20 W to GA-280 N/Hamilton E Holmes Drive NW.Take exit 52B from I-20 W. Turn right onto GA-280 N/Hamilton E Holmes Dr NW and turn left onto Loghaven Dr NW. Turn right onto W Simon Terrace NW and property will be on the right.
Financial Considerations
14 020600060668
$3,023
Cash
Listing Price History

Atlanta Real Estate

Atlanta is located in Georgia. Atlanta, Georgia 30318 has a population of 499,088.

The median household income in Atlanta, Georgia 30318 is $58,252. The median household income for the surrounding county is $76,354 compared to the national median of $66,222. The median age of people living in Atlanta 30318 is 37 years.

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Courtesy: Keller Williams Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
This content last refreshed on 5/20/2024 9:13 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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