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Realty

1200sf Upscale Condo Can’t Even Fetch $100K

October 28, 2013 2:30 am
Condo, Property Prices, U.S.

Why Does This Buckhead Condo Cost Less Than $100K?

by Josh Green

It’s not often a two-bedroom, two-bath condo with heated floors pops on the market for sub-$100,000 in Atlanta. Such is the case with this crisp, retro unit in the heart of Buckhead’s “Platinum Corridor,” whatever the hell that means. This begs the question: Why so cheap?

The ask is $99,900.

While the condo might not be swimming with cutting-edge design, it’s definitely turnkey, with a renovated kitchen, custom walk-in closet, flowing floor plan, tastefully old-school bathrooms and a little area for introverted bookworms.

Maybe the Achilles’ Heel is sky-high HOA dues, you say?

Nope. Those work out to about $60 monthly.

No parking? Nope. Includes covered parking, plus a storage space. It’s tiny, right? No dice — she’s in the neighborhood of 1,200 square feet.

The 1955 building looks a bit like Beaver Cleaver’s grade school gymnasium, but at least it’s got soul.

Must be an Indian voodoo cemetery under these shiny wood floors.

2520 Peachtree Rd Unit 108 [Estately]

Don’t you ever compare this to Canada, it can be a criminal under such circumstances.

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