$240,000
SOLD DEC 31, 2024

215 Piedmont Ave NE Unit 1507 Atlanta, GA 30308

Peachtree Center Neighborhood
2 Beds
1 Bath
931 Sq Ft
$795/mo HOA Fee

Recently Sold

$258 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • Fitness Center
  • City View
  • Entrance Foyer
  • Midtown High School Rated A+
  • Community Pool
  • Tile Flooring

About This Home

As of December 2024

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 GA State University, 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 incuding a washer & dryer. 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 tile floors, 2 large bedrooms, (master with king bed0 , a renovated tile bath with a new vanity, a kitchen with lots of cabinets and counter space, granite counters, and stainless steel appliances, (new refrigerator) and the rare addition of a washer and dryer. The kitchen also features a large walk-in pantry with lots of room for storage. The large great room offers ample seating, a sleeper sofa to sleep a total of 6, and separate dining area. 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. Designated parking space.

Last Agent to Sell the Property

Lee Ann Sherry

Real Broker LLC Brokerage Phone: 7708155299 License #164971 Listed on: 10/10/2024

Real Broker LLC

Co-Listed By

Lexi Blevins

Real Broker LLC Brokerage Phone: 7708155299 License #370694

Last Buyer's Agent

Marsha DeQuiros

La Rosa Realty Georgia LLC License #431620

La Rosa Realty Georgia LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $795 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 931 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • City Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Grady High School

Utilities

  • Central Air
  • Cable TV Available

Community Details

Overview

  • $150 Initiation Fee
  • Association fees include facilities fee, heating/cooling, maintenance exterior, ground maintenance, management fee, pest control, reserve fund, security, sewer, trash, water
  • High-Rise Condominium
  • Landmark Subdivision

Recreation

  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$795 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • ArchitecturalStyle: Other
  • Co List Office: RLKA01
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Total Finished Area2: 931
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Below Grade Finished Sq Ft: 931
  • Interior Amenities: Roommate Plan
  • Full Bathrooms: 1
  • Flooring: Tile
  • Price Per Square Foot: 257.787

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Other
  • Lot Features: Other
  • Property Condition: Updated/Remodeled
  • Roof: Other
  • View: City

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Other
  • Laundry Features: In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 9540
  • Association: Yes
  • Community Features: Fitness Center, Pool

Fee Information

  • Initiation Fee: 150
  • Association Fee Includes: Facilities Fee, Heating/Cooling, Maintenance Exterior, Maintenance Grounds, Management Fee, Pest Control, Reserve Fund, Security, Sewer, Trash, Water

Schools

  • Elementary School: Centennial Place
  • High School: Grady
  • High School Bus: Yes
  • Middle School: David T Howard
  • Middle School Bus: Yes
  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Grady

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3098

MLS Schools

  • Elementary Bus Line: Yes

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $240,000 0.0% $258 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/13/2024 10/13/24 Price Changed $240,000 -9.4% $258 / Sq Ft
10/10/2024 10/10/24 For Sale $265,000 -- $285 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10393929

Georgia MLS