300 W Peachtree Street #12G, Atlanta, GA 30308
2 beds | 2 Full baths |
Condo, Townhouse
MLS# 10248492
| Active
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.
5/20/2024 9:17 PM
Listing Information
Property Type: Condo, Townhouse, 3+ Story, Condo
2
2 Full
0.02 Acres
1962
Other
Peachtree Towers
Public
Public Sewer
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
School Information
Centennial Place
Centennial Place
Grady
Room Information
| Bathrooms | |||
| 2 | |||
Laundry Closet
Interior Features
Dishwasher, Dryer, Refrigerator, Washer
Laminate
Central Air
Other,
Forced Air, Central
2 Common Walls
None
Baths,
Accessible Elevator Installed, Accessible Full Bath, Accessible Kitchen
Elevator, Bookcases
Exterior / Lot Features
None
Other
Screened
Other
City
Updated/Remodeled
Other
Driving Directions
If you google 300 Peachtree Towers it takes you to the side of the building. There is paid parking around the other side.
Nearby Homes for Sale (within two miles)
Area map
Walk Score
Financial Considerations
$7,020 Annually
14 007800141364
$3,669
1031 Exchange, Cash, Conventional
Listing Price History
Courtesy: HomeSmart
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