Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Atlanta, GA 30318,217 W Simon TER
Listed by Josh Stanton • Keller Williams Realty
Bought with Josh Stanton • Keller Williams Realty
$200,000
Est. payment /mo
$219,000
8.7%
Est.Price: ?

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8 Beds
2 Baths
9,583 Sqft Lot
SOLD DATE : 08/19/2024

Key Details

Sold Price $200,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Pyramid Assoc Inc Sub

MLS Listing ID 10322280

Sold Date 08/19/24

Style Brick 4 Side,Ranch

Bedrooms 8

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $3,023

Tax Year 2023

Lot Size 9,583 Sqft

Property Description

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

Location

State GA

County Fulton

Rooms

Basement Daylight

Main Level Bedrooms 5

Interior

Interior Features Roommate Plan

Heating Forced Air

Cooling Central Air, Electric

Flooring Other

Exterior

Garage Garage

Community Features Walk To Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available

View City

Roof Type Other

Building

Story One

Foundation Block

Sewer Public Sewer

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Usher

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Investor Owned

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Georgia MLS (GAMLS)

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Yasha Wells

+1(904) 343-4461

Broker Associate | BKBK3312718

Broker Associate BKBK3312718

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