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217 W Simon Terrace Atlanta, GA $ 235,000
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$ 235,000 Get more info
217 W Simon Terrace
$ 235,000
Back to search
Share Save

217 W Simon Terrace

Atlanta, GA, 30318
$ 235,000
Bedrooms8 Baths2.0 Sq 2,014

Monthly Estimate*

$ 1,562

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Single Family Home for sale in Atlanta, GA

for $235,000 with 8 bedrooms and 2 full baths. This 2,014 square foot home was built in 1960 on a lot size of 0.22.

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

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Single Family Active

Price

$ 235,000

Bedrooms

8

Full Bath

2

Property Type

Single Family

Taxes

$ 3,023

Style

Brick 4 Side,Ranch,Traditional

Lot Size

0.22

Year Built

1960

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10256450
Features
General
Interior Features Roommate Plan
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Composition
Appliances Refrigerator
HOA 0
Association Fee Includes None
Patio/Porch Features Screened
Architectural Style Brick 4 Side Ranch Traditional
Construction Materials Brick
Year Built 1960
Levels One
Property SubType Single Family Residence
Tax Year 2023
Community Features None
County Fulton
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Pyramid Assoc Inc Sub
Garage Y/N Y
Other Structures Garage(s)
Status Active
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 T
High School Douglass
City Atlanta
Buyer Agent Compensation 3
Body of Water None
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 9583.2
Waterfront Y/N N
Carport Y/N N
Street Name Simon
Elementary School Usher
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3023
Home Warranty Y/N N
Middle/Junior High School J. L. Invictus Academy
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=dPemjcZN8PS&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Basement Full
Flooring Laminate
Total Fireplaces 0
Common Walls No Common Walls
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1007
Full Baths 2
Half Baths 0
Street Suffix Terrace
Laundry Features In Basement
Total Bedrooms 8
Below Grade Finished Area 1007
Electric On Property Y/N Y
Main Level Bedrooms 5
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
Living Area Units Square Feet
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Exterior
Parking Features Garage Off Street
Lot Features Level
Water Source Public
Total Parking 0
Lot Size Area 9583.2
Spa N
Building Area Total 2014
Lot Size Acres 0.22
Lot Size Units Square Feet
Lot Size Source Public Records
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Keller Williams Realty

Broker

josh@stanton.team

Email

Affordability Calculator

$1,814
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,562
Monthly Property Taxes
$252
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4134699 Elementary School
4134144 Middle School
Douglass High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2024$235,000 -4.08% Price Down
4/5/2024$245,000 -5.77% Price Down
3/20/2024$260,000 -5.11% Price Down
2/21/2024$274,000 Listed Price

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217 W Simon Terrace, Atlanta, GA, 30318 is a Single Family Home for sale at $235,000 with 2,014 sqft and a lot size of 0.22. 217 W Simon Terrace has 8 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 30318 which is in Atlanta, GA

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