300 West Peachtree Street Northwest, Unit 12G

Atlanta, GA 30308

$379,000
Price
2
Beds
2
Baths
826 Sq. Ft.
$459 / Sq. Ft.
826
Sq. Ft.
$459
per Sq. Ft.

Description

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...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. Peachtree Towers Condominiums was built in 1962 by the C. D. Spangler Construction Company. At the time, the 23-story building was considered a skyscraper, reaching a height of 240 feet, and was the tallest residential building in Atlanta. It was the first residential building in the city's center and now consists of 330 residential condominiums, including studios and one- and two-bedroom units. The condominium homes provide move-in ready living. Although you are in the city, you can feel secure with strict access control and 24-hour concierge service. HOA Dues include all utilities, including water, sewer, electric, and basic cable TV (currently through Comcast Xfinity). The hallways and common areas have all been renovated and upgraded to modern standards. All units have also been made more energy efficient by installing double-pane windows. One of the benefits of the original construction was the quality of the soundproofing of the units. In 1962, the soundproofing in the building was hailed as the best, and it has stood the test of time.
  1. Listed by Jamey Waters • HomeSmart • 404-876-4901

Property Details for 300 West Peachtree Street Northwest, Unit 12G

Subdivision Complex
Peachtree Towers
Architectural Style
High Rise (6 or more stories)
Exterior
None
Parking Features
None
Property Attached
Yes
Waterfront Features
None

Location

Listing Courtesy of HomeSmart, Jamey Waters
Add your commute
LISTING UPDATED: 04/28/2024 06:57 AM

Property Details for 300 West Peachtree Street Northwest, Unit 12G

StatusActive
MLS #7331172
Days on Market92
Taxes$3,669 / year
HOA Fees$679 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1962
CountyFulton County

Location

Listing Courtesy of HomeSmart, Jamey Waters
Add your commute

Building Information for 300 West Peachtree Street Northwest, Unit 12G

Building/Complex300 W Peachtree St NwFloor-Stories3Residences-Pet Policy-Year Built1962

Payment Calculator

$3,053 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,068

Property Taxes

$306

HOA Dues

$679

The Payment Calculator is for illustrative purposes only.

Property Information for 300 West Peachtree Street Northwest, Unit 12G

Summary
Location and General Information
  • Community Features: Near Public Transport, Sidewalks, Street Lights
  • Directions: If you google 300 Peachtree Towers it takes you to the side of the building. There is paid parking around the other side.
  • Lake Name: None
  • View: City
  • Coordinates: -84.387883, 33.762566
Taxes and HOA Information
  • Parcel Number: 14 007800141364
  • Tax Year: 2023
  • Master Association Fee: $.00
  • Association Fee Includes: Cable TV, Door person, Electricity, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Receptionist, Reserve Fund, Sewer, Termite, Trash, Water
  • HOA Contact Phone: 404-524-6190
  • HOA Rent Restrictions: No
  • Association: Yes
  • Block: 0
  • Tax Legal Description: All that tract or parcel of land lying and being in land lot 78 of the 14th district of Fulton County, Georgia, Being unit 12-G of Peachtree Towers Condominium, as more particularly described in the certain declaration for Peachtree Towers, a condominium, recorded in Deed Book, 7768, Page 145, Fulton County, Georgia Records, Said Declaration being incorporated Herein By Reference Thereto.
  • Tax Lot: 0
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: Centennial Place
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Multi Units
  • Heating: Central, Forced Air
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Laminate
  • Interior Features: Bookcases, Elevator
  • Levels/Stories: Three Or More
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: None
  • Diningroom Features: None
  • Kitchen Features: Cabinets White, Stone Counters
  • Master Bathroom Features: None
  • Foundation: Concrete Perimeter
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • Bathrooms Total Interger: 2
  • Main Full Baths: 2
  • Additional Rooms: Other
  • Bathrooms Total Decimal: 2.00
Exterior Features
  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Elevator Installed, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Construction Materials: Concrete
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: Covered, Enclosed, Screened
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Other
  • Security Features: None
  • Spa Features: None
  • Laundry Features: Main Level
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts, 220 Volts
Property and Assessments
  • Assumable: No
  • FHA Condo Approval: No
  • Home Warranty: No
  • Proposed Financing: 1031 Exchange, Cash, Conventional
  • Plat Book: 5
  • Plat Page: 80
  • Property Condition: Updated/Remodeled
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • SqFt Source: Public Records
  • Square Footage: 826.0
  • Common Walls: 2+ Common Walls
  • Land lot: 78
  • Lot Features: Other
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • # Of Units In Community: 330
Income & Expenses Information
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Tenant

Schools near 300 West Peachtree Street Northwest, Unit 12G

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Centennial Academy
CharterK to 8

Midtown High School
Public9 to 12

Kindezi Old 4th Ward
CharterK to 8

Wesley International Academy
CharterK to 8

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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300 West Peachtree Street Northwest, Unit 12G is a condo for sale in Atlanta, GA 30308. This property was listed for sale on January 27, 2024 by HomeSmart, it's currently listed at $379,000. This listing's school district is Atlanta Public Schools. Nearby schools include Centennial Academy, Midtown High School and Kindezi Old 4th Ward. 300 West Peachtree Street Northwest, Unit 12G is a 2-bed, 2-bath, 826 sqft condo built in 1962.

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 HomeSmart, Jamey Waters

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.