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
Listing Provided Courtesy of Keller Williams Realty Metro Atlanta
Property Details
Price:
$235,000
MLS #:
7341847
Status:
Active
Beds:
8
Baths:
2
Address:
217 W Simon Terrace
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Pyramid Assoc Inc Sub
City:
Atlanta
Listed Date:
Feb 21, 2024
State:
GA
Finished Sq Ft:
2,014
ZIP:
30318
Year Built:
1960
Schools
Elementary School:
Bazoline E. Usher/Collier Heights
Middle School:
John Lewis Invictus Academy/Harper-Archer
High School:
Frederick Douglass
Interior
Appliances
Gas Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Laminate
Heating
Central
Laundry Features
In Basement
Exterior
Architectural Style
Ranch, Traditional
Community Features
None
Construction Materials
Brick 4 Sides
Exterior Features
Rain Gutters
Other Structures
Garage(s)
Parking Features
Driveway, Garage
Roof Type
Composition, Shingle
Financial
Tax Year
2023
Taxes
$3,023
Map
Contact Us
Mortgage Calculator
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Courtesy of Keller Williams Realty Metro Atlanta. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Windsor Realty include the name of the listing broker. Neither the listing company nor Windsor Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Atlanta, GA. All rights reserved.
217 W Simon Terrace
Atlanta, GA
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