About 300 W Peachtree Street 12g
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.
Features of 300 W Peachtree Street 12g
MLS® # | 10248492 |
---|---|
Price | $379,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Acres | 0.02 |
Year Built | 1962 |
Type | Residential |
Sub-Type | Condominium |
Style | Other |
Status | Active |
Community Information
Address | 300 W Peachtree Street 12g |
---|---|
Subdivision | Peachtree Towers |
City | Atlanta |
County | Fulton |
State | GA |
Zip Code | 30308 |
Amenities
Utilities | Electricity Available, Cable Available, Sewer Available, Phone Available, Water Available |
---|---|
Parking | None |
View | City |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Bookcases |
---|---|
Appliances | Dishwasher, Dryer, Refrigerator, Washer |
Heating | Central, Forced Air |
Cooling | Central Air |
Fireplace | No |
Stories | Three Or More |
Exterior
Lot Description | Other |
---|---|
Roof | Other |
Construction | Concrete |
School Information
Elementary | Centennial Place |
---|---|
Middle | Centennial Place |
High | Grady |
Additional Information
Days on Market | 92 |
---|---|
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Homesmart |
---|