$153,000
For Sale

561 Formwalt Street SW #10

Atlanta, GA 30312
2 beds | 1 bath | 0.01 acres | #7468939
Browse 28 photos
Type:Purchase
Structure:Condo
Zone:Residential

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 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.

  • Interior Details
      • InteriorLow Flow Plumbing Fixtures
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Bedrooms on Main Level2
  • Property Details
      • Lot DescriptionFront Yard, Private
      • Exterior MaterialsBalcony, Courtyard
      • ViewOther
    • Measurements
      • Acres0.0142
    • Parking
      • Parking FeaturesOn Street, Parking Lot
  • Construction Details
      • StyleContemporary, Modern
      • Property TypePurchase
    • Condition
      • Year Built1961
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCapitol City Square
    • Location
      • Middle SchoolMartin L. King Jr.
      • High SchoolMaynard Jackson
      • Elementary SchoolPaul L. Dunbar
      • CountyFulton - GA
  • Financial Details
      • Original List Price$157,000
      • Taxes Annual$524
  • Other
      • MLS #7468939

Location

Michelle GardnerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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