Downtown condo for sale: Great location, instant $24,000 equity

Two friends of mine are relocating to Atlanta, and are offering an excellent deal on their condo at the corner of Front and Linden.  It’s a New York-style loft in the Hays Building.  There are only 4 units in the building, and you get 2 gated parking spaces as part of the deal.  It’s an 1875 SF 1 bedroom, 1 bath condo, appraised in February 2009 at $278,500, but they’re asking $254,500.  $24,000 instant equity!

The location is ideal for someone who wants to be a part of the Downtown lifestyle.  Only a block from the Orpheum; a short walk to Beale; great restaurants like Circa, Bluefin, the Majestic Grille, and Pearl’s Oyster house are an easy walk, as are two of Downtown’s best watering holes, the Silly Goose and the Flying Saucer.  The South Main Arts District is about a 5 block walk or trolley ride.  Frank’s grocery and deli is nearby for your shopping needs.

You can see pics of the condo below.  Full appraisal is available upon request.  If you’re interested, shoot me an e-mail at paul@paulryburn.com and I’ll put you in touch with the sellers.

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