$265,000
$265,000
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2 Beds
1 Bath
850 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $265,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $311
Subdivision Landmark
MLS Listing ID 7419860
Sold Date 08/09/24
Style High Rise (6 or more stories)
Bedrooms 2
Full Baths 1
Construction Status Updated/Remodeled
HOA Fees $636
HOA Y/N Yes
Originating Board First Multiple Listing Service
Year Built 1963
Annual Tax Amount $2,385
Tax Year 2023
Lot Size 827 Sqft
Acres 0.019
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. Don’t 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
Lake Name None
Rooms
Bedroom Description Roommate Floor Plan
Other Rooms None
Basement None
Main Level Bedrooms 2
Dining Room Open Concept
Interior
Interior Features High Speed Internet, Elevator, Entrance Foyer
Heating Baseboard
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood
Fireplaces Type None
Window Features None
Appliance Dishwasher, Dryer, Refrigerator, Washer, Electric Range
Laundry In Kitchen
Exterior
Exterior Feature Other
Garage Assigned
Fence None
Pool None
Community Features Pool, Fitness Center, Dog Park
Utilities Available Cable Available, Electricity Available
Waterfront Description None
View City
Roof Type Other
Street Surface Paved
Accessibility None
Handicap Access None
Porch None
Total Parking Spaces 1
Private Pool false
Building
Lot Description Other
Story One
Foundation Concrete Perimeter
Sewer Public Sewer, Other
Water Public
Architectural Style High Rise (6 or more stories)
Level or Stories One
Structure Type Other
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Centennial Place
Middle Schools David T Howard
High Schools Centennial
Others
HOA Fee Include Door person,Electricity,Maintenance Structure,Trash,Maintenance Grounds,Reserve Fund,Sewer,Security,Swim,Utilities,Water
Senior Community no
Restrictions false
Tax ID 14 005100131234
Ownership Condominium
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing no
Special Listing Condition None
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516 Sosebee Farm Unit 1211, Grayson, Georgia, 30052, United States