598 Formwalt Street Sw, Atlanta, GA 30312
Local realty services provided by:ERA Towne Square Realty, Inc.
598 Formwalt Street Sw,Atlanta, GA 30312
$950,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: chanel james
Office: watch realty co
MLS#:10731335
Source:METROMLS
Price summary
- Price:$950,000
About this home
An exceptional investment opportunity awaits in the heart of Atlanta. This stunning modern duplex offers approximately 4,800 square feet of total living space and income-producing potential from day one. With a recent appraisal of $1,210,000, instant equity is built in from the start. No HOA and two thoughtfully designed units offer the kind of flexibility and freedom that is rarely found at this level. Unit A features approximately 2,400 square feet, 4 bedrooms, 3.5 bathrooms, an upper-level primary suite with a spa-inspired ensuite and custom walk-in closet, and a driveway accommodating up to 5 vehicles. Unit B offers approximately 2,400 square feet, 4 bedrooms, 2.5 bathrooms, and a serene primary on the main. Both units feature open concept floor plans with thoughtful design details throughout. Unit B is an active Airbnb rental being sold with all appliances and furniture included, making this a seamless investment from day one. Unit A is equally positioned for rental conversion. Whether you are an investor seeking immediate cash flow, a house hacker looking to live in one unit while generating rental income from the other, or a savvy buyer looking to build wealth through Atlanta's booming short-term rental market, this property was made for you. With the FIFA World Cup coming to Atlanta, demand for short-term rentals in this corridor is only expected to surge. Nestled on a charming cobblestone street minutes from Downtown Atlanta, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, and Interstates I-20, I-75, and I-85, the location is unmatched. Preferred lender incentive available. Stop by and view in person 2-4 p.m. on May 2nd....
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Home facts
- Year built:2025
- Subdivision & Development:Mechanicsville
- Listing ID #:10731335
- Updated:September 06, 2026 at 09:35 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Zoned
- Heating:Forced Air, Natural Gas, Zoned
- Central air:Yes
Structure and exterior
- Year built:2025
- Lot area:0.18 Acres
- Levels:2 Story
Schools
- High school:MH Jackson Jr
- Middle school:King
- Elementary school:Dunbar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Tax amount:$1,548 (2025)
Parking
- Parking description:Off Street Parking
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