217 West Simon Terrace Northwest
217 West Simon Terrace Northwest
$245,000
8
2
2,014
2,014
$122
Virtual Tour
Description
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...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
- Listed by Josh Stanton • Keller Williams Realty Metro Atlanta • 404-564-5560
Property Details for 217 West Simon Terrace Northwest
Subdivision Complex
Pyramid Assoc Inc Sub
Architectural StyleRanch, Traditional
ExteriorRain Gutters
Num Of Garage Spaces2
Num Of Parking Spaces0
Parking FeaturesDriveway, Garage
Property AttachedNo
Waterfront FeaturesNone
Location
LISTING UPDATED: 04/19/2024 09:57 AM
Property Details for 217 West Simon Terrace Northwest
Status | Active |
---|---|
MLS # | 7341847 |
Days on Market | 67 |
Taxes | $3,023 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1960 |
Lot Size | 0.22 AC / 9,583 SF |
County | Fulton County |
Location
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Building Information for 217 West Simon Terrace Northwest
Stories1Year Built1960Building Size-Lot Size0.22 AC / 9,583 SF
Payment Calculator
$1,589 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 217 West Simon Terrace Northwest
Property History for 217 West Simon Terrace Northwest
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 217 West Simon Terrace Northwest
Taxable ValueLand$26,680Additions$60,160Total$86,840
Tax Record2023$3,595 ($300 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,289 SqFtAbove Grade Finished SqFt1,289 SqFtStories1Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated1980ZoningR4CountyFULTONAPN14 020600060668Fireplace TypeHas Fireplace
Schools near 217 West Simon Terrace Northwest
This home is within Atlanta Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 7 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bazoline E. Usher/Collier Heights Elmentary School PublicPK to 5 | ||
John Lewis Invictus Academy Public6 to 7 | ||
Douglass High School Public9 to 12 | ||
KIPP Atlanta Collegiate Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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