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
- SubdivisionPyramid Assoc Inc Sub
- Zip Code30318
- CityAtlanta
- CountyFulton - GA
Location
- ElementaryBazoline E. Usher/Collier Heights
- JuniorJohn Lewis Invictus Academy/Harper-Archer
- HighFrederick Douglass
Schools
- StatusActive
- MLS #7341847
- TypeResidential
- SpecialCorporate Owner, Investor Owned, No disclosures from Seller, Sold As/Is
MLS Data
- Bedrooms8
- Bathrooms2
- Bedroom DescriptionRoommate Floor Plan
- BasementFull
- KitchenCabinets White
- AppliancesGas Range, Refrigerator
- HVACCentral Air
Interior 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
Exterior Details
Listing Provided Courtesy Of: Keller Williams Realty Metro Atlanta 404-564-5560
This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.
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Data Last updated on May 19, 2024 4:30pm