300 W Peachtree Street 12g, Atlanta, GA

$379,000

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2

Beds

2

Baths

0.02

Acres

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

OfficeHomesmart

Listing Map

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