Sold

217 W Simon Terrace, Atlanta, GA 30318

Beds
8
Baths
2
Sqft
1,289

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty
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Overview

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

Full feature list

Basic info

Property type
House
Number of bedrooms
8
Number of bathrooms
2
Square feet
1,289
Lot size (acres)
0.22
Year built
1960

Interior features

Basement
Yes

Utilities

Heating
Forced air
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2023)
$3,023

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Georgia MLS MLS®#: 10322280 Last checked:

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