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561 Formwalt Street SW Unit 10
Atlanta, GA, 30312
$155,000
2 Beds
1 Baths
620 SqFt
0.01 Acres
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Prime investment opportunity in the heart of Atlanta! This 2-bedroom, 1-bathroom condo has been updated and is ready to generate immediate rental income or move in ready for first time buyer! Key upgrades include a new conduction stove, new refrigerator, newer water heater, fresh paint throughout, and an updated kitchen. The bathroom has been modernized with a new vanity and toilet, and the shower was resurfaced in 2024. The HVAC system has been regularly maintained, ensuring lower maintenance costs for the new owner. This condo qualifies for Invest Atlanta Down Payment grants, up to $20,000!
Just two miles from major attractions like State Farm Arena, Mercedes-Benz Stadium, Summerhill, and GSU Arena, this unit offers excellent appeal for buyers looking for proximity to downtown entertainment, dining, and transportation hubs.
Listing Provided Courtesy of HomeSmart

Property Details

Price:
$155,000
MLS #:
7468939
Status:
Active
Beds:
2
Baths:
1
Address:
561 Formwalt Street SW Unit 10
Type:
Condo
Subtype:
Condominium
Subdivision:
Capitol City Square
City:
Atlanta
Listed Date:
Oct 19, 2024
State:
GA
Finished Sq Ft:
620
Total Sq Ft:
620
ZIP:
30312
Year Built:
1961
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Schools

Elementary School:
Paul L. Dunbar
Middle School:
Martin L. King Jr.
High School:
Maynard Jackson

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Central
Laundry Features
Laundry Closet, Main Level

Exterior

Architectural Style
Contemporary, Modern
Community Features
None
Construction Materials
Brick 4 Sides
Exterior Features
Balcony, Courtyard
Other Structures
None
Parking Features
On Street, Parking Lot
Parking Spots
1
Roof
Shingle

Financial

HOA Fee 2
$330
HOA Includes
Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Termite
Tax Year
2023
Taxes
$524

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Community

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561 Formwalt Street SW Unit 10
Atlanta, GA