217 W Simon Terrace, Atlanta, GA, 30318

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$274,000
23 Days Online

217 W Simon Terrace
Atlanta, GA 30318

For Sale|Single Family Home|Active
8
Beds
2
Full Baths
0
Partial Baths
2,014
SqFt
$136
/SqFt
1960
Built
Subdivision:
Pyramid Assoc Inc Sub
County:
Fulton

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217 w simon terrace217 w simon terrace217 w simon terrace217 w simon terrace
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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

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Listing Snapshot
Price 
$274,000
Days Online 
23 Days
Bedrooms 
8
Inside Area (SqFt) 
2,014 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1960
MLS Number 
7341847
Status 
Active
Property Tax 
$3,023
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 weeks agoListing first seen online
General Features
Basement 
Full
Construction 
Brick 4 Sides
Lot 
Back YardFront YardLevel
Style 
RanchTraditional
Road 
Asphalt
Parking 
DrivewayGarage
Garage 
2
Sewer 
Public Sewer
Special Circumstances 
Corporate OwnerInvestor OwnedNo disclosures from SellerSold As/Is
Owner Financing 
No
Property Condition 
Resale
View 
Other
Green Energy Efficient 
None
Green Energy Generation 
None
Stories 
One
Interior Features
Appliances 
Gas RangeRefrigerator
Bedroom 
Roommate Floor Plan
Cooling 
Central Air
Fireplace 
None
Flooring 
Laminate
Heating 
Central
Interior 
Other
Kitchen 
Cabinets White
Master Bath 
None
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Exterior Features
Exterior 
Rain Gutters
Lot Features 
Back YardFront YardLevel
Fencing 
None
Patio/Porch 
ScreenedSide Porch
Pool Features 
None
Private Pool 
No
Roof 
CompositionShingle
View 
Other
Parking Features 
DrivewayGarage
Waterfront Features 
None
Community Features
Dock 
None
Laundry 
In Basement
Community Amenities 
None
Accessibility Features 
None
Security Features 
None
Water 
Public
Schools
School District
Unknown
Elementary School
Bazoline E. Usher/Collier Heights
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Provided Courtesy Of: Josh Stanton of Keller Williams Realty Metro Atlanta 404-564-5560

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