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
Closed
$200,000
217 W Simon Ter NW, Atlanta, GA 30318
8beds
1,289sqft
Single Family Residence
Built in 1960
9,583.2 Square Feet Lot
$233,700 Zestimate®
$155/sqft
$2,029 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 07:44am
Listed by:
Josh Stanton 404-590-7137,
Keller Williams Realty
Bought with:
Josh Stanton, 379772
Keller Williams Realty
Source: GAMLS,MLS#: 10322280

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 5
Heating
- Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator
- Laundry: Common Area
Features
- Roommate Plan
- Flooring: Other
- Basement: Daylight
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,289
- Total interior livable area: 1,289 sqft
- Finished area above ground: 1,289
- Finished area below ground: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Has view: Yes
- View description: City
- Body of water: None
Lot
- Size: 9,583 sqft
- Features: Other
Details
- Parcel number: 14 020600060668
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Brick 4 Side,Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Near Shopping
Location
- Region: Atlanta
- Subdivision: Pyramid Assoc Inc Sub
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$233,700