217 W Simon Terrace Atlanta, GA $ 245,000
217 W Simon Terrace
$ 245,000
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217 W Simon Terrace

Atlanta, GA, 30318
$ 245,000
Bedrooms8 Baths2.0 Sq 2,014

Monthly Estimate*

$ 1,711

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Single Family Home for sale in Atlanta, GA

for $245,000 with 8 bedrooms and 2 full baths. This 2,014 square foot home was built in 1960 on a lot size of 0.22.

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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Single Family Active

Price

$ 245,000

Bedrooms

8

Full Bath

2

Property Type

Single Family

Taxes

$ 3,023

Style

Ranch,Traditional

Lot Size

0.22

Year Built

1960

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7341847

Features
General
Interior Features Other
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition Shingle
Appliances Gas Range Refrigerator
Exterior Features Rain Gutters
HOA 0
Garage Spaces 2
Patio/Porch Features Screened Side Porch
Architectural Style Ranch Traditional
Pool Features None
Security Features None
Construction Materials Brick 4 Sides
Year Built 1960
Electric 110 Volts
View Other
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features N
Community Features None
Accessibility None
HOA Fee 2 0
County Fulton - GA
Property Type Residential
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Pyramid Assoc Inc Sub
Green Energy Generation None
Other Structures Garage(s)
Status Active
Directions Take I-85 S and I-20 W to GA-280 N/Hamilton E Holmes Drive NW.Take exit 52B from I-20 W. Turn right onto GA-280 N/Hamilton E Holmes Dr NW and turn left onto Loghaven Dr NW. Turn right onto W Simon T
High School Frederick Douglass
City Atlanta
Body of Water None
Street Name Simon
Spa Features None
Elementary School Bazoline E. Usher/Collier Heights
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3023
Home Warranty Y/N No
Middle/Junior High School John Lewis Invictus Academy/Harper-Archer
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=dPemjcZN8PS&mls=1
Days on Market 58
Standard Status Active
Occupancy Description Vacant
Tax Lot 12
Legal Description 70x132x71x133
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Interior
Basement Full
Flooring Laminate
Total Fireplaces 0
Fireplace Features None
Common Walls No Common Walls
Window Features None
Above Grade Finished Area 1007
Full Baths 2
Half Baths 0
Street Suffix Terrace
Laundry Features In Basement
Total Bedrooms 8
Below Grade Finished Area 1007
Room Type Other
Main Level Bedrooms 5
Main Level Bathrooms 1
Kitchen Features Cabinets White
Total Baths 2
Master Bathroom Features None
Dining Room Features None
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Exterior
Fencing None
Parking Features Driveway Garage
Lot Features Back Yard Front Yard Level
Water Source Public
Total Parking 0
Foundation Details Brick/Mortar
Building Area Total 2014
Lot Dimensions 70x132x71x133
Lot Size Acres 0.22
Road Surface Type Asphalt
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Open Parking Y/N Yes
Horse Amenities None
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Josh Stanton

Listing Agent

Keller Williams Realty Metro Atlanta

Broker

josh@stanton.team

Email

Affordability Calculator

$1,963
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,711
Monthly Property Taxes
$252
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3420975 Elementary School
3420547 Middle School
Frederick Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$245,000 -5.77% Price Down
3/20/2024$260,000 -5.11% Price Down
2/21/2024$274,000 Listed Price

Map


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217 W Simon Terrace, Atlanta, GA, 30318 is a Single Family Home for sale at $245,000 with 2,014 sqft and a lot size of 0.22. 217 W Simon Terrace has 8 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 30318 which is in Atlanta, GA