217 W SIMON TER NW ATLANTA, GA 30318

Features

• Price/sqft: $116
• Lot Size: 9583 sq. ft.
• Total Units: 1
• Total Rooms: 8
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2
• Stories: 100
• Heating: Central Furnace,Fireplace
• Construction Type: Brick
• Exterior Walls: Rock, Stone

Facts

• Year Built: 01/01/1960
• Property ID: 863234345
• MLS Number: 7341847
• Parcel Number: 14 020600060668
• Property Type: Single Family Home
• County: FULTON
• Legal Description: COLLIER HEIGHTS
• Zoning: R4
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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