561 Formwalt Street Sw #10, Atlanta, GA 30312
Local realty services provided by:ERA Towne Square Realty, Inc.
Listed by: leslie rose
Office: berkshire hathaway homeservices georgia properties
MLS#:7816222
Source:FIRSTMLS
Price summary
- Price:$99,500
- Price per sq. ft.:$160.48
- Monthly HOA dues:$330
About this home
INVESTOR SPECIAL! EXCEPTIONAL INTOWN ATLANTA VALUE – CASH BUYERS, TAKE NOTICE!
Opportunity knocks! Offered at a newly reduced price, this two-bedroom, one-bathroom condo presents an attractive opportunity for investors seeking an affordable addition to their rental portfolio in a highly convenient intown Atlanta location. With its desirable location, dedicated gated parking, and low-maintenance lifestyle, this property offers excellent potential as a long-term rental for students, young professionals, and anyone wanting convenient access to Atlanta's employment, education, and entertainment districts.
Inside, you'll find original hardwood floors, a freshly painted interior, and thoughtful updates that make this property move-in ready. The refreshed kitchen features a brand-new range and refrigerator, ample cabinet space, and plenty of natural light. Well-maintained HVAC and appliances, along with an EV charging station and dedicated parking within the gated area, add to the property's appeal.
Location is everything, and this one delivers! Just minutes from Georgia State University, Downtown Atlanta, Summerhill, Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, the Atlanta BeltLine, restaurants, shopping, parks, MARTA, and major interstates. Its proximity to universities, business centers, and Atlanta's entertainment destinations makes this a compelling location for attracting tenants seeking convenience and accessibility. Investors should verify leasing opportunities and restrictions directly with the homeowners association. Schedule your private showing today....
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Home facts
- Year built:1962
- Subdivision & Development:Capitol City Square
- Listing ID #:7816222
- Updated:November 12, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Hardwood
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator, Stone Counters
- Living area:620 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1962
- Building area:620 sq. ft.
- Lot area:0.01 Acres
- Lot Features:Level
- Architectural Style:Mid-Rise (up to 5 stories)
- Construction Materials:Brick 4 Sides
- Exterior Features:Balcony, Deck, Rear Porch
- Levels:1 Story
Schools
- High school:Maynard Jackson
- Middle school:Martin L. King Jr.
- Elementary school:Paul L. Dunbar
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$99,500
- Price per sq. ft.:$160.48
- Tax amount:$429 (2025)
Features and amenities
- Amenities:Electric Water Heater, Low Flow Plumbing Fixtures
Parking
- Total parking spaces:1
- Parking description:Electric Vehicle Charging Station(s), Parking Lot
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