300 W Peachtree Street UNIT 12G Atlanta GA 30308, MLS# 7331172
Atlanta, GA 30308
- 2Beds
- 2Full Baths
- N/AHalf Baths
- N/A SqFt
- 1962Year Built
- 0.02Acres
- MLS# 7331172
- Residential
- Condominium
- Active
- Approx Time on Market4 months, 1 day
- AreaN/A
- CountyFulton - GA
- SubdivisionPeachtree Towers
Overview
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 thats 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.
Association Fees / Info
Hoa: Yes
Hoa Fees Frequency: Monthly
Hoa Fees: 679
Community Features: Near Public Transport, Sidewalks, Street Lights
Association Fee Includes: Cable TV, Door person, Electricity, Gas, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Receptionist, Reserve Fund, Sewer, Termite, Trash, Water
Bathroom Info
Main Bathroom Level: 2
Total Baths: 2.00
Fullbaths: 2
Room Bedroom Features: None
Bedroom Info
Beds: 2
Building Info
Habitable Residence: Yes
Business Info
Equipment: None
Exterior Features
Fence: None
Patio and Porch: Covered, Enclosed, Screened
Exterior Features: None
Road Surface Type: Asphalt
Pool Private: No
County: Fulton - GA
Acres: 0.02
Pool Desc: None
Fees / Restrictions
Financial
Original Price: $384,999
Owner Financing: Yes
Garage / Parking
Parking Features: None
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Elevator Installed, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
Interior Features
Security Ftr: None
Fireplace Features: None
Levels: Three Or More
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer
Laundry Features: Main Level
Interior Features: Bookcases, Elevator
Flooring: Laminate
Spa Features: None
Lot Info
Lot Size Source: Public Records
Lot Features: Other
Lot Size: x
Misc
Property Attached: Yes
Home Warranty: Yes
Open House
Other
Other Structures: None
Property Info
Construction Materials: Concrete
Year Built: 1,962
Property Condition: Updated/Remodeled
Roof: Other
Property Type: Residential Attached
Style: High Rise (6 or more stories)
Rental Info
Land Lease: Yes
Room Info
Kitchen Features: Cabinets White, Stone Counters
Room Master Bathroom Features: None
Room Dining Room Features: None
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Investor Owned
Sqft Info
Building Area Total: 826
Building Area Source: Public Records
Tax Info
Tax Amount Annual: 3669
Tax Year: 2,023
Tax Parcel Letter: 14-0078-0014-136-4
Unit Info
Unit: 12G
Num Units In Community: 330
Utilities / Hvac
Cool System: Central Air, Multi Units
Electric: 110 Volts, 220 Volts
Heating: Central, Forced Air
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
If you google 300 Peachtree Towers it takes you to the side of the building. There is paid parking around the other side.Listing Provided courtesy of Homesmart