561 Formwalt Street Sw #10, Atlanta, GA 30312

Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
561 Formwalt Street Sw #10,Atlanta, GA 30312
$138,500
  • 2 Beds
  • 1 Baths
  • 620 sq. ft.
  • Condominium
  • Active
Listed by:madeline coffin404-876-4901
Office:homesmart
MLS#:7666406
Source:FIRSTMLS

Price summary

  • Price:$138,500
  • Price per sq. ft.:$223.39
  • Monthly HOA dues:$330

About this home

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.

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Home facts

  • Year built:1961
  • Listing ID #:7666406
  • Updated:October 31, 2025 at 09:43 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:620 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1961
  • Building area:620 sq. ft.
  • Lot area:0.01 Acres

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:$138,500
  • Price per sq. ft.:$223.39
  • Tax amount:$524 (2023)
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