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561 Formwalt Street SW Unit 5
Atlanta, GA, 30312
$140,000
2 Beds
2 Baths
583 SqFt
0.01 Acres
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Location! REDUCED MOTIVATED SELLER AND $10,000 towards downpayment with the help of the $10,000 Homebuyer Access grant as a primary residence purchase…Perfect first-time home buyer or Investor, no Rental Restrictions. The unit is currently rented for 1250 to a long-term tenant. It is very easy to find new tenants or increase rent. Also, it can be bought as a package with two other units in the same complex. Additional Unit 8 is rented for 1200 to a long term tenant. And 571 Formwalt unit 7 is rented for 1200. There are no Seller Disclosure as the seller has not lived there.
Listing Provided Courtesy of Dalton Wade, Inc.

Property Details

Price:
$140,000
MLS #:
7524995
Status:
Active
Beds:
2
Baths:
2
Address:
561 Formwalt Street SW Unit 5
Type:
Condo
Subtype:
Condominium
Subdivision:
Capitol City Square
City:
Atlanta
Listed Date:
Feb 14, 2025
State:
GA
Finished Sq Ft:
583
Total Sq Ft:
583
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, Electric Range, Electric Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Hardwood
Heating
Central
Laundry Features
In Hall, Laundry Room, Main Level

Exterior

Architectural Style
Mid- Rise (up to 5 stories)
Community Features
None
Construction Materials
Brick 4 Sides
Exterior Features
None
Other Structures
None
Parking Features
Assigned, On Street, Parking Pad
Parking Spots
1
Roof
Shingle

Financial

HOA Fee 2
$330
Tax Year
2024
Taxes
$2,473

Map

Community

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561 Formwalt Street SW Unit 5
Atlanta, GA