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
$140,000
561 Formwalt St SW UNIT 5, Atlanta, GA 30312
2beds
583sqft
Est.:
Condominium, Residential
Built in 1961
-- sqft lot
$137,500 Zestimate®
$240/sqft
$-- HOA
What's special
- 72 days
- on Zillow |
- 351 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2025 at 07:43am
Listing Provided by:
Pratik Karan,
Dalton Wade, Inc.
Source: FMLS GA,MLS#: 7524995

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: Other
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater
- Laundry: In Hall, Laundry Room, Main Level
Features
- Other
- Flooring: Hardwood
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 583
- Total interior livable area: 583 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, On Street, Parking Pad
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: None, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 583.7 Square Feet
- Features: Other
Details
- Additional structures: None
- Parcel number: 14 007600101246
- Special conditions: Standard
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Fire Alarm
- Subdivision: Capitol City Square
HOA
- Has HOA: Yes
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $151,000
- Annual tax amount: $2,473
- Date on market: 2/14/2025
- Ownership: Other
- Electric utility on property: Yes
- Road surface type: Asphalt
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