Contemporary, Modern

561 Formwalt Street SW 10

Atlanta , GA 30312

MLS#: 7666406

$138,500

Status: Active
Listing number: 7666406
Listing provided by: HomeSmart
Listing agent phone: None
Last update: a day ago
New on site 3 days ago
Browse Properties
Capitol City Square - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1961

Sq.Footage

620

Prime investment opportunity or perfect for first time buyer in the heart of Atlanta! This unit is one of the larger floor plans, a corner unit, and on the second floor. 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 EV charger, 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. VA, Cash, Conventional accepted.

Features & Amenities

Interior

  • Other Interior Features

    Low Flow Plumbing Fixtures

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Above Grade Finished Area

    620.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony, Courtyard

  • Parking

    On Street, Parking Lot

  • Patio and Porch Features

    Front Porch, Rear Porch

  • Pool

    Yes

  • Pool Features

    None

  • View

    Other

Area & Lot

  • Lot Features

    Front Yard, Private

  • Lot Size(acres)

    0.0142

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Contemporary, Modern

Price

  • Sales Price

    $138,500

  • Tax Amount

    524.0

  • Sq. Footage

    620

  • Price/SqFt

    $223

HOA

  • Association

    YES

  • Association Fee

    $330

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Paul L. Dunbar

  • Middle School

    Martin L. King Jr.

  • High School

    Maynard Jackson

Property Features

  • Stories

    1

  • Foundation Details

    Brick/Mortar

  • Ownership

    Condominium

  • Sewer

    Public Sewer

  • Tax Lot

    10

  • Water Source

    Public

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Location

County

Fulton

Elementary School

Paul L. Dunbar

Middle School

Martin L. King Jr.

High School

Maynard Jackson

Listing Courtesy of Madeline Coffin , HomeSmart

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Prime investment opportunity or perfect for first time buyer in the heart of Atlanta! This unit is one of the larger floor plans, a corner unit, and on the second floor. 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 EV charger, 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. VA, Cash, Conventional accepted.

561 Formwalt Street SW 10

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