1050 Piedmont Avenue NE, Atlanta, GA 30309

Property Description

Rarely available, this two story, two bedroom, two bathroom condo featuring a private rooftop patio is situated diagonally across from Piedmont Park & is one of only 40 homes in the community. Residences here typically come to market only once every few years. Even more compelling, there are no rental restrictions for either short or long term rentals, creating an exceptional opportunity for an investor or owner occupant who understands the value of buying well in such a sought after setting. The home needs updating, but it already has the features that are difficult to create: a true roommate floor plan with a bedroom, full bathroom & vaulted ceilings on each level. The upstairs suite has a loft like feel & opens to the private rooftop patio, making it a rare & memorable offering so close to Piedmont Park. For the buyer willing to put in a little work, this is a chance to create something special while building meaningful equity. For the investor, it offers the flexibility & location that make for a compelling short or long term rental opportunity. The community is equally impressive, with a well run HOA, low monthly dues, substantial reserves, strong insurance coverage, newly installed security gates at both the pedestrian & parking garage entrances, and brand new architectural landscaping installed throughout the property. This is not a turnkey home, but it is a smart one.