Viewing Listing MLS# 407825620

$155,000 | 2 beds | 1 full baths | N/A half baths | N/A sqft

$155,000 Reduced -$2,000
561 Formwalt Street UNIT #10
Atlanta, GA 30312
  • 2Beds
  • 1Full Baths
  • N/AHalf Baths
  • N/A SqFt
  • 1961Year Built
  • 0.01Acres
  • MLS# 407825620
  • Residential
  • Condominium
  • Active


Overview

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.



Association Fees / Info

Hoa Fees:  330

Hoa:  No

Community Features:  None

Hoa Fees Frequency:  Monthly

Association Fee Includes:  Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Termite

Bathroom Info

Main Bathroom Level:  1

Total Baths:  1.00

Fullbaths:  1

Room Bedroom Features:  None

Bedroom Info

Beds:  2

Building Info

Habitable Residence:  No

Business Info

Equipment:  None

Exterior Features

Fence:  Fenced, Privacy

Patio and Porch:  Front Porch, Rear Porch

Exterior Features:  Balcony, Courtyard

Road Surface Type:  Asphalt

Pool Private:  No

County:  Fulton - GA

Acres:  0.01

Pool Desc:  None

Fees / Restrictions

Financial

Original Price:  $157,000

Owner Financing:  No

Garage / Parking

Parking Features:  On Street, Parking Lot

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  Fire Alarm

Fireplace Features:  None

Levels:  One

Appliances:  Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Laundry Features:  Laundry Closet, Main Level

Interior Features:  Low Flow Plumbing Fixtures

Flooring:  Hardwood

Spa Features:  None

Lot Info

Lot Size Source:  Public Records

Lot Features:  Front Yard, Private

Lot Size:  0x0

Misc

Property Attached:  Yes

Home Warranty:  No

Open House

Other

Other Structures:  None

Property Info

Construction Materials:  Brick 4 Sides

Year Built:  1,961

Property Condition:  Resale

Roof:  Shingle

Property Type:  Residential Attached

Style:  Contemporary, Modern

Rental Info

Land Lease:  No

Room Info

Kitchen Features:  Cabinets Other, Stone Counters, View to Family Room

Room Master Bathroom Features:  None

Room Dining Room Features:  None

Special Features

Green Features:  None

Special Listing Conditions:  None

Special Circumstances:  Owner/Agent

Sqft Info

Building Area Total:  620

Building Area Source:  Public Records

Tax Info

Tax Amount Annual:  524

Tax Year:  2,023

Tax Parcel Letter:  14-0076-0010-129-5

Unit Info

Unit:  10

Num Units In Community:  24

Utilities / Hvac

Cool System:  Central Air

Electric:  220 Volts

Heating:  Central

Utilities:  Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  None

Schools

Elem:  Paul L. Dunbar

Middle:  Martin L. King Jr.

High:  Maynard Jackson

Directions

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Listing Provided courtesy of Homesmart 

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Information was last updated: 11-13-2024 2:00 AM EST est.

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Price & Status History (on sharondoverrealestate.com since Sat, Oct 19th 2024)
  • Original Price: $157,000
  • Current Price: $155,000
  • Price Reduced: $2,000
Date ChangedFromTo
10/28/2024$157,000 $155,000 Reduced by $2,000