Art Deco style condo in HOT Mechanisville neighborhood. Renovated condo w/ exposed brick, hardhood floors and stainless steel appliances. Great value close to so much Atlanta has to offer. Currently rented for $800/month by a long term tenant. Market rent could go higher. HOA includes water. No rental restrictions and a gated community makes this unit a rare opportunity for a savvy investor. Mechanicsville is an Atlanta Beltline neighborhood that has been targeted by City for its revitalization plan so get in while you can!
Off market
$123,200
571 Formwalt St SW UNIT 5, Atlanta, GA 30312
2beds
1baths
583sqft
Condo
Built in 1961
-- sqft lot
$123,200 Zestimate®
$211/sqft
$1,365 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Microwave
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total interior livable area: 583 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 583 sqft
Details
- Parcel number: 14007600101360
Construction
Type & style
- Home type: Condo
Materials
- Frame
- Roof: Other
Condition
- Year built: 1961
Community & neighborhood
Location
- Region: Atlanta
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $179 monthly
Other
Other facts
- central_air_desc: Central A/C
- roof_types: Unknown
- parking: Parking Lot
- neighborhoods: Fulton South
- taxes_annual: 367
- grade_school: Dunbar
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Estimated market value
$123,200