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217 W Simon Terrace
Atlanta GA 30318 US

$245,000

Active Listing ID 10256450
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8 bed
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2.00 Bath (2 Full Bath)
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Lot: 0.22 Acres
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Single Family Residence

$245,000

Active Listing ID 10256450
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217 W Simon Terrace 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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Property Features

  • Facts
  • Lot Size: 0.22 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Floor Covering: Laminate
  • Roof Type: Composition
  • Heating Fuels: Central Furnace

School Information

  • School
  • Usher(Elementary)
  • J. L. Invictus Academy(MiddleSchool)
  • Douglass(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 245000
  • unparsedaddress: 217 W Simon Terrace
  • postalcity: Atlanta
  • stateorprovince: GA
  • country: US
  • postalcode: 30318
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.22
  • lotsizeunits: Acres
  • lotsizearea: 0.22
  • livingarea: 2014
  • livingareaunits: Square Feet
  • latitude: 33.760911
  • longitude: -84.47537
  • listagentfullname: Josh Stanton
  • listagentemail: josh@stanton.team
  • listagentkey: 3yd-GAMLS-STANTONJOSH
  • listagentmlsid: STANTONJOSH
  • listagentpreferredphone: 7705499465
  • listagentofficephone: 7705499465
  • listofficekey: 3yd-GAMLS-KWAD01
  • listofficemlsid: KWAD01
  • disclaimer: Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1960
  • listingcontractdate: 2024-02-21
  • countyorparish: Fulton
  • parcelnumber: 14 020600060668
  • elementaryschool: Usher
  • highschool: Douglass
  • appliances: Refrigerator
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Off Street
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Roommate Plan
  • architecturalstyle: New Traditional
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.47537, 33.760911
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Listing Changed: 4/19/2024 7:00:09 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Josh Stanton, Keller Williams Realty, josh@stanton.team

Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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