Bedrooms: 8

Bathrooms: 2

2014 SQ FTSource: Appraiser

217 W Simon Terrace

Atlanta, GA 30318

$235,000

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

    MLS Data

  • StatusActive
  • MLS #7341847
  • TypeResidential
  • SpecialCorporate Owner, Investor Owned, No disclosures from Seller, Sold As/Is

    Interior Details

  • Bedrooms8
  • Bathrooms2
  • Bedroom DescriptionRoommate Floor Plan
  • BasementFull
  • KitchenCabinets White
  • AppliancesGas Range, Refrigerator
  • HVACCentral Air

    Exterior Details

  • StyleRanch, Traditional
  • ConstructionBrick 4 Sides
  • Built In1960
  • StoriesArray
  • ParkingDriveway, Garage
  • FeaturesRain Gutters
  • UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionBack Yard, Front Yard, Level
  • Lot Dimensions70x132x71x133
  • Acres0.22

Listing Provided Courtesy Of: Keller Williams Realty Metro Atlanta 404-564-5560

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Data Last updated on May 19, 2024 4:30pm


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