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561 Formwalt Sw St # 10 Atlanta GA 30312 MLS 7468939

$155,000

Reduced By $2,000
last change 10/28/2024

Photo one of 561 Formwalt Sw St # 10 Atlanta GA 30312 | MLS 7468939
561 Formwalt Sw St # 10
Atlanta, GA 30312 MLS# 7468939

  • Bedrooms

    2

  • Baths

    1

  • Full Baths

    1

  • Year Built

    1961

  • Days On Market

    34

  • Half Baths

    0

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Home Description: 561 Formwalt Sw St # 10

Prime investment opportunity in the heart of Atlanta! This 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 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.

  • Address: 561 Formwalt Sw St # 10
  • City: Atlanta
  • Zip: 30312
  • County: Fulton
  • Community Features: None
  • Square Feet: 620
  • Sq. Ft. Source: Public Records
  • Pool: None
  • Water Body Name: None
  • Waterfront Features: None
  • Water Source: Public
  • Interior of Property: Low Flow Plumbing Fixtures
  • Rooms: Bathroom,Bedroom,Other
  • Flooring: Hardwood
  • Kitchen Features: Cabinets Other,Stone Counters,View to Family Room
  • Kitchen Appliances: Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Refrigerator,Washer
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: {None}
  • Master Bath: {None}
  • Dinning Room: None
  • Laundry: Laundry Closet,Main Level
  • Other Equipment: None
  • Patio/Porch Features: Front Porch,Rear Porch
  • Security Features: Fire Alarm
  • Common Walls: 2+ Common Walls
  • Nbr of Units in Community: 24
  • Basement: None
  • Parking: On Street,Parking Lot
  • Lot Dimensions: 0x0
  • Lot Size Acres: 0.01

Available now at $155,000

  • Type: Condo
  • Style: Contemporary,Modern
  • Levels: One
  • Property Condition: Resale
  • Road Type: Asphalt
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Green Energy Efficient: None
  • Green Energy Generation: None
  • Exterior of Property: Balcony,Courtyard
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Other Structures: None
  • Association Fee Includes: Maintenance Grounds,Maintenance Structure,Pest Control,Reserve Fund,Sewer,Termite
  • Tax Year: 2023
  • Home Warranty: No
  • : 404-876-4901

Neighborhood

The average asking price of a 2 bedroom Atlanta condo in this zip code is $411,036 (165.2% more than this home).

This condo is priced at $250/sqft, which is 40.3% less than similar condos in the 30312 zip code.

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561 Formwalt Sw St # 10 Atlanta GA 30312

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School Information

  • Elementary:Paul L. Dunbar
  • Middle School:Martin L. King Jr.
  • High School:Maynard Jackson

Financial

  • Approx Payment:$785*
  • Taxes:$524

Area Stats

These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or to obtain statistics not shown below please call EasyStreet Realty at (770) 298-4707 and speak with one of our real estate consultants.

Popular Condos

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Avondale Estates
$289,129
$206,000
7
14.3%
42.9%
99

Brookhaven
$525,000
$525,000
1
0.0%
0.0%
14

Buckhead Atlanta
$530,358
$377,450
46
2.2%
37.0%
82

Chamblee
$541,245
$555,250
19
0.0%
10.5%
50

Clarkston
$123,419
$107,945
10
0.0%
60.0%
119

College Park
$192,792
$201,000
10
10.0%
0.0%
65

Decatur
$329,786
$275,000
270
1.9%
38.5%
80

Doraville
$404,000
$404,000
2
0.0%
50.0%
40

Druid Hills
$425,000
$425,000
1
0.0%
0.0%
42

East Point
$250,322
$240,000
9
0.0%
44.4%
82

Hapeville
$485,550
$480,990
15
0.0%
53.3%
86

Kirkwood
$459,900
$459,900
1
0.0%
0.0%
66

Midtown Atlanta
$582,330
$535,000
47
2.1%
42.6%
68

Scottdale
$421,379
$454,745
10
10.0%
60.0%
40

Vinings
$475,575
$463,500
36
0.0%
47.2%
50

Virginia Highland
$336,612
$260,000
8
0.0%
37.5%
32

Listing Courtesy of HomeSmart.

561 Formwalt Sw St # 10, Atlanta GA is a condo of 620 sqft and is currently priced at $155,000 . This condo has 2 bedrooms. A comparable condo for sale at 571 Formalt St # 4 in Atlanta is listed at $150,000. This condo on 561 Formwalt Sw St # 10 has decreased in price by $2,000 and the last change was on 10/28/2024. In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Atlanta, GA. City Heights Condominiums, Mcgill Place and Ware Estates are nearby neighborhoods. MLS 7468939F has been posted on this site since 10/19/2024 (today).

2024 11/21/2024

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