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561 Formwalt Street SW Unit 5

Atlanta, GA 30312

2 beds
1 bath
– sqft
566 sqft lot
1961 build
– on site

Location! MOTIVATED SELLER...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 building. Additional Unit 8 (mls 7491868) is rented for 1250. And 571 Formwalt unit 7 is empty and can also be rented for 1250. Showing 571 Formwalt Unit 7 can be done as it is vacant. There is no Seller Disclosure as the seller has not lived there.

Listing courtesy of GAMLS / Pratik Karan / Dalton Wade, Inc.

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 10421146 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1961
Construction Materials:

Brick
Architectural Style:

Brick 4 Side, Contemporary, Other
Structure Type:

Mid Rise
Roof:

Composition
Levels:

One
Common Walls:

1 Common Wall
Basement:

None
Window Features:

Double Pane Windows
Patio And Porch Features:

Deck
Unit Number:

5
Living Area Source:

Public Records

Interior

Rooms:

Other
Interior Features:

Other
Flooring:

Hardwood

Financial & Terms

Home Warranty:

No

Location

Latitude:

33.739389
Longitude:

-84.395463

The Property

Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Resale
Lot Features:

Private
Lot Size Acres:

0.013
Lot Size Source:

Public Records
Parcel Number:

14 007600101246
Leased Land:

No
Fencing:

Back Yard
Waterfront Footage:

No
Waterfront Features:

No Dock Or Boathouse

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$2,473

Beds

Bedrooms:

2
Bed Main:

2

Baths

Full Baths:

1
Main Level Full Baths:

1

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Microwave
Laundry Features:

In Hall

Schools

Elementary School:

Dunbar
Middle School:

King
High School:

MH Jackson Jr

The Community

Subdivision:

Capitol City Square
Community Features:

None
Association:

Yes
Annual Association: Fee

$220
Association Fee Includes:

Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Trash

Parking

Parking Features:

Off Street, Parking Pad

Monthly cost estimate

Asking price

$150,000

Expense	Monthly cost
Mortgage	$803
Taxes	$206
Insurance	$41
HOA fees	$18
Utilities	N/A
Total	$1,068/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/2/24 Dec 2, 2024	Listed / Active	GAMLS	$150,000	669.2% (53.8% / YR)
6/22/12 Jun 22, 2012		FMLS	$19,500

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This condo located in Intown South, Atlanta, GA 30312 is currently for sale for $150,000. 561 Formwalt Street SW Unit 5 is a – square foot condo with 2 beds and 1 bath that has been on Estately for 20 days. 561 Formwalt Street SW Unit 5 is in the Intown South neighborhood of Atlanta and has a WalkScore® of 59, making it somewhat walkable. This condo is in the attendance area of Maynard Holbrook Jackson High School, Paul L. Dunbar Elementary School, and Martin Luther King, Jr. Middle School.

Listing Courtesy of: GAMLS and Dalton Wade, Inc..

© 2024 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.