217 West Simon Terrace Northwest

Atlanta, GA 30318

$245,000
Price
8
Beds
2
Baths
2,014 Sq. Ft.
$122 / Sq. Ft.
2,014
Sq. Ft.
$122
per Sq. Ft.

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
  1. 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 Style
Ranch, Traditional
Exterior
Rain Gutters
Num Of Garage Spaces
2
Num Of Parking Spaces
0
Parking Features
Driveway, Garage
Property Attached
No
Waterfront Features
None

Location

Listing Courtesy of Keller Williams Realty Metro Atlanta, Josh Stanton
Add your commute
LISTING UPDATED: 04/19/2024 09:57 AM

Property Details for 217 West Simon Terrace Northwest

StatusActive
MLS #7341847
Days on Market67
Taxes$3,023 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.22 AC / 9,583 SF
CountyFulton County

Location

Listing Courtesy of Keller Williams Realty Metro Atlanta, Josh Stanton
Add your commute

Virtual Tour

Building Information for 217 West Simon Terrace Northwest

Stories1Year Built1960Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$1,589 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,337

Property Taxes

$252

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 West Simon Terrace Northwest

Summary
Location and General Information
  • Community Features: None
  • 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 Terrace NW and property will be on the right.
  • Lake Name: None
  • View: Other
  • Coordinates: -84.475376, 33.760898
Taxes and HOA Information
  • Parcel Number: 14 020600060668
  • Tax Year: 2023
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Block: B
  • Tax Legal Description: 70x132x71x133
  • Tax Lot: 12
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Bazoline E. Usher/Collier Heights
  • High School: Frederick Douglass
  • Middle School: John Lewis Invictus Academy/Harper-Archer
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Gas Range, Refrigerator
  • Basement: Full
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Laminate
  • Interior Features: Other
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Roommate Floor Plan
  • Diningroom Features: None
  • Kitchen Features: Cabinets White
  • Master Bathroom Features: None
  • Foundation: Brick/Mortar
  • Main Bedrooms: 5
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 1
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: Screened, Side Porch
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Composition, Shingle
  • Security Features: None
  • Spa Features: None
  • Laundry Features: In Basement
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: Garage(s)
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts
Property and Assessments
  • Assumable: No
  • FHA Condo Approval: No
  • Home Warranty: No
  • Proposed Financing: Cash
  • Plat Book: 65
  • Plat Page: 11
  • Property Condition: Resale
  • Representative of Property: No
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Above Grade Finished Area: 1007.0
  • Below Grade Finished Area: 1007.0
  • SqFt Source: Appraiser
  • Square Footage: 2014.0
  • Common Walls: No Common Walls
  • Land lot: 206
  • Lot Features: Back Yard, Front Yard, Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: 70x132x71x133
  • Below Grade Unfinished Area: 0.0
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 0
  • Number of Units To Be Built: 0
Income & Expenses Information
  • Swim/Tennis Fee: $0
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Vacant

Property History for 217 West Simon Terrace Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
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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217 West Simon Terrace Northwest is a single family home for sale in Atlanta, GA 30318. This property was listed for sale on February 21, 2024 by Keller Williams Realty Metro Atlanta, it's currently listed at $245,000. It has been on the market for a total of 67 days and was last sold on October 12, 2020. This listing's school district is Atlanta Public Schools. Nearby schools include Bazoline E. Usher/Collier Heights Elmentary School, John Lewis Invictus Academy and Douglass High School. 217 West Simon Terrace Northwest is a 8-bed, 2-bath, 2,014 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Metro Atlanta, Josh Stanton

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.