$239,000
For Sale

300 Peachtree Street NE #5B

Atlanta, GA 30308
1 bed | 1 bath | 0.01 acres | #7392977
Browse 34 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

This is a rare one-bedroom condo in the infamous Peachtree Towers building within walking distance from all the major downtown attractions. What makes this unit so unique is the fact the HOA has no rental restrictions, making it ideal for a short-term rental. Or if you are looking for a well-manicured building to call home or a home away from home, this is the perfect spot. What also makes this unit unique is the fact it is currently being renovated, and if you act fast, you will have a chance to pick your colors and finishings all within the purchase price.
Note: the pictures are before the renovation.
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.

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Bedrooms on Main Level1
  • Property Details
      • Lot DescriptionCorner Lot
      • Exterior MaterialsBalcony
      • ViewCity
    • Measurements
      • Acres0.0143
  • Construction Details
      • StyleHigh Rise (6 or more stories)
      • Property TypePurchase
    • Condition
      • Year Built1962
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPeachtree Towers
    • Location
      • Elementary SchoolCentennial Place
      • Middle SchoolCentennial Place
      • High SchoolMilton - Fulton
      • CountyFulton - GA
  • Financial Details
      • Original List Price$184,900
      • Taxes Annual$2,957
    • HOA
      • Hoa Fees529
  • Other
      • MLS #7392977

Location

Josh BowserReal Estate Group
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Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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