Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
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$200,000

$219,000

8.7%
Est.Price: ?

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Est. payment /mo

8 Beds

2 Baths

1,289 SqFt


SOLD DATE : 08/19/2024

Key Details

Sold Price $200,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,289 sqft

Price per Sqft $155

Subdivision Pyramid Assoc Inc Sub

MLS Listing ID 7407051

Sold Date 08/19/24

Style Ranch

Bedrooms 8

Full Baths 2

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1960

Annual Tax Amount $3,023

Tax Year 2023

Lot Size 9,583 Sqft

Acres 0.22

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

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Roommate Floor Plan

Other Rooms None

Basement Daylight, Other

Main Level Bedrooms 5

Dining Room None

Interior

Interior Features High Speed Internet

Heating Forced Air

Cooling Central Air, Electric

Flooring Other

Fireplaces Type None

Window Features None

Appliance Refrigerator, Other

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Garage Driveway, Garage

Garage Spaces 2.0

Fence None

Pool None

Community Features Near Shopping, Restaurant

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Shingle

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Screened, Side Porch

Parking Type Driveway, Garage

Private Pool false

Building

Lot Description Back Yard, Front Yard

Story One

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Brick,Brick 4 Sides

New Construction No

Construction Status Resale

Schools

Elementary Schools Bazoline E. Usher/Collier Heights

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Restrictions false

Tax ID 14 020600060668

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing no

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta
Bought with Keller Williams Realty Metro Atlanta
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880 Holcomb Bridge Rd, Roswell, GA, 30076, United States

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