390 17th St NW UNIT 5005

• Competitive Price Per Square Foot: At $221.69 per square foot, this condo is priced competitively compared to the average price per square foot in Atlanta, which ranges from $250 to $350 for similar properties. This could make it an attractive option for budget-conscious buyers. • Move-In Ready Condition: The property is described as 'move-in ready,' with no carpet and hardwood flooring throughout. This eliminates the need for immediate renovations and allows for immediate occupancy. • Included Appliances: The condo includes all appliances, plus a washer and dryer, which saves buyers the expense and hassle of purchasing these items separately. This is a big plus as appliance packages can run $4000-$8000. • Strong Rental Potential: The provided rental rates for a 2-bedroom unit is $2330 per month, indicating the property has strong rental potential. This can be appealing to investors looking for a property with positive cash flow, especially with a cap rate between 6-7%. • Desirable Location: Located in Atlantic Station, the condo offers access to a walkable neighborhood with shops, restaurants, and a dog park. It is also minutes from GA Tech and Midtown, making it a desirable location for many buyers. The median income for the area is $81,138, which supports the desirability of the location. • Seller Incentives: The seller is offering 3 months of paid HOA fees and a special 5.5% rate program with their preferred lender. These incentives can reduce the upfront costs and monthly mortgage payments, making the property more affordable. • Additional Den: The unit features an additional den, which can be used as an office or dining area. This adds flexibility and value to the unit. • Building Amenities: The building features a swimming pool, gym, meeting lobby, covered parking for 2 cars, a storage unit, and security cameras. These amenities enhance the living experience and add to the property's overall value. • Recent Price Reductions: The property has seen multiple price reductions, most recently a 6.4% decrease on December 17, 2024. This indicates that the seller is motivated to sell and may be open to negotiation.