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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

    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

    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#: 10322280MLS Logo

    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