561 Formwalt Street Southwest, Unit 10
$155,000
2
1
620
620
$250
Description
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...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.
- Listed by Madeline Coffin • HomeSmart • 404-876-4901
Property Details for 561 Formwalt Street Southwest, Unit 10
Subdivision Complex
Capitol City Square
Architectural StyleContemporary, Modern
ExteriorBalcony, Courtyard
Num Of Parking Spaces1
Parking FeaturesOn Street, Parking Lot
Property AttachedYes
Waterfront FeaturesNone
LISTING UPDATED: 10/28/2024 01:05 PM
Property Details for 561 Formwalt Street Southwest, Unit 10
Status | Active |
---|---|
MLS # | 7468939 |
Days on Market | 18 |
Taxes | $524 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1961 |
County | Fulton County |
Building Information for 561 Formwalt Street Southwest, Unit 10
Building/Complex561 Formwalt St SwFloor-Stories1Residences24Pet Policy-Year Built1961
Property Information for 561 Formwalt Street Southwest, Unit 10
Property History for 561 Formwalt Street Southwest, Unit 10
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 561 Formwalt Street Southwest, Unit 10
Taxable ValueLand$8,120Additions$54,360Total$62,480
Tax Record2023$2,587 ($216 / month)
Home Facts
Beds1Baths1Total Finished SqFt620 SqFtAbove Grade Finished SqFt620 SqFtStories1Lot Size610 SqFtStyleCondominiumYear Built1961Year Renovated1995ZoningRG2CountyFULTONAPN14 007600101295
Schools near 561 Formwalt Street Southwest, Unit 10
This home is within Atlanta Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Dunbar Elementary School PublicPK to 5 | ||
King Middle School Public6 to 8 | ||
Maynard H. Jackson- Jr. High School Public9 to 12 | ||
Wesley International Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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