Location! REDUCED MOTIVATED SELLER AND $10,000 towards downpayment with the help of the $10,000 Homebuyer Access grant as a primary residence purchase...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 complex. Additional Unit 8 is rented for 1200 to a long term tenant. And 571 Formwalt unit 7 is rented for 1200. There are no Seller Disclosure as the seller has not lived there.
Active
Price cut: $5K (5/25)
$140,000
561 Formwalt St SW UNIT 5, Atlanta, GA 30312
2beds
--sqft
Est.:
Condominium, Mid Rise
Built in 1961
-- sqft lot
$139,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 121 days
- on Zillow |
- 550 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 10:06pm
Listed by:
Pratik 404-207-2278,
Dalton Wade, Inc.
Source: GAMLS,MLS#: 10462627

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Laundry, Other
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Water Heater
- Laundry: In Hall
Features
- Other
- Flooring: Hardwood
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 566.28 Square Feet
- Features: Other
Details
- Parcel number: 14 007600101246
Construction
Type & style
- Home type: Condo
- Architectural style: Brick 4 Side
- Property subtype: Condominium, Mid Rise
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Capitol City Square
HOA
- Has HOA: Yes
- Services included: Maintenance Structure, Maintenance Grounds, Other
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $151,000
- Annual tax amount: $2,473
- Date on market: 2/14/2025
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
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