$350,000
$379,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
300 W Peachtree ST #12G Atlanta, GA 30308
2 Beds
2 Baths
827 Sqft Lot
Key Details
Sold Price $350,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision Peachtree Towers
MLS Listing ID 10248492
Sold Date 07/24/24
Style Other
Bedrooms 2
Full Baths 2
HOA Fees $7,020
HOA Y/N Yes
Originating Board Georgia MLS 2
Year Built 1962
Annual Tax Amount $3,669
Tax Year 2023
Lot Size 827 Sqft
Acres 0.019
Lot Dimensions 827.64
Property Sub-Type Condominium
Property Description
RARE FIND! NO HOA RENTAL RESTRICTIONS! 2 bedroom AND 2 bath fully renovated fully furnished condominium in the iconic and historic downtown Peachtree Towers Condominiums. This unit is currently being used for short-term rental on Airbnb, but it could also be used for a primary residence, corporate rental, or college housing for someone attending one of the many downtown college/university campuses. The two-bedroom units do not become available very often. Maybe that's because they can routinely generate over $50,000 in gross annual revenue as a short-term rental on Airbnb, making them a CASH COW, and this unit is no exception. Last year, it generated over $53,000. This unit is situated in a premium spot of the building, allowing for what locals call the "Sunset View" from the screened-in balcony with views of Georgia Aquarium and Centennial Park. This unit is also unique even for this building because it has its very own washer and dryer. The CAP RATE for this property can be over 9% if the owner chooses to self-manage as a short-term rental.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Interior Features Bookcases
Heating Central, Forced Air
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Parking Features None
Community Features Sidewalks, Street Lights, Near Public Transport
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City
Roof Type Other
Garage No
Private Pool No
Building
Lot Description Other
Faces If you google 300 Peachtree Towers it takes you to the side of the building. There is paid parking around the other side.
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Schools
Elementary Schools Centennial Place
Middle Schools Centennial Place
High Schools Grady
Others
HOA Fee Include Insurance,Maintenance Structure,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water
Tax ID 14 007800141364
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Updated/Remodeled
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