About 561 Formwalt Street 10
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.
Features of 561 Formwalt Street 10
| MLS® # | 10635310 |
|---|---|
| Price | $138,500 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 620 |
| Acres | 0.01 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Condominium |
| Style | Brick 4 Side, Contemporary |
| Status | New |
Community Information
| Address | 561 Formwalt Street 10 |
|---|---|
| Subdivision | Capitol City Square |
| City | Atlanta |
| County | Fulton |
| State | GA |
| Zip Code | 30312 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 1 |
| Parking | Off Street, Parking Pad |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Master On Main Level, Other |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Private |
| Windows | Double Pane Windows |
| Roof | Composition |
| Construction | Brick |
| Foundation | Pillar/Post/Pier |
School Information
| Elementary | Dunbar |
|---|---|
| Middle | King |
| High | MH Jackson Jr |
Additional Information
| Days on Market | 3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Homesmart |
|---|