3324 Peachtree Rd. NE., Suite C.
Atlanta,
GA
30326
Phone: 770-484-7888
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.
Electricity Available, Cable Available, Sewer Available, Phone Available, Water Available
Dishwasher, Dryer, Refrigerator, Washer
Date | Details | Change |
---|---|---|
Status Changed from Price Change to Active | – | |
Status Changed from Active to Price Change | – | |
Price Reduced from $384,999 to $379,000 | ||
Status Changed from New to Active | – |
Listing Provided Courtesy Of Homesmart.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than John Bailey Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Georgia MLS. All rights reserved.
Listing information last updated on April 28th, 2024 at 1:00pm EDT.