It’s so funny how agents for Atlanta Condo foreclosures market their listings, I swear if these banks had any idea on how these agents advertised their properties they would probably flip out.  It’s no wonder why the banks keep lowering their prices on these condo foreclosures, mainly due to the agent they hired.   Anyway, thanks to  this agent you can pick up this 3 bedroom/2 bath condo over at Centennial House for just $230k.  Why is this an incredible deal??? Well, its a top floor unit with the most glorious views of Atlanta and it has almost 2700 sq.ft.!!   The owner that got foreclosed on, bought 2 units and combined them together to make it one huge condo.  I would guess that this condo could easily sell for $400-$500k in a better market so if you are willing to wait a few years this could be your retirement money!  The big drawback is that the monthly HOA fees are at $900 per month, which most people are automatically turned off by, but with a condo that is located in downtown Atlanta and has that much sq.ft, those fees are pretty typical.

If you are not familiar with Centennial House, it is located in downtown Atlanta, right off the Williams Street exit.  Prior to this year it wasn’t much of a location, because you had to walk a few blocks to get over to restaurants and retail, but now that the W Hotel is about to open and Twelve Centennial Park Condos are now finished, there will be soon much more to walk to.  I hear that a Publix will go beneath one of these buildings and a Mellow Mushroom.  So, the location at Centennial House is becoming more popular.  Plus, you can’t beat having access to 75/85 right outside your front door.

If you would like more information and pics please contact me at nesa@greatatlantacondos.com - Nesa Kleinheksel - 9 Mile Trolley Realty