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561 Formwalt Sw St # 5, Atlanta, GA 30312

$140,000

Bright living room featuring hardwood floors, a ceiling fan, and access to an outdoor patio at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Bedrooms

    2

  • Baths

    2

  • Full Baths

    2

  • Year Built

    1961

  • Days On Market

    7

  • Half Baths

    0

8 Photos

  • Bright living room featuring hardwood floors, a ceiling fan, and access to an outdoor patio at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Open-concept living room boasts hardwood floors and neutral gray walls, leading into the kitchen area at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Galley kitchen with stainless steel appliances, granite countertops, and brick accent wall at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Hallway displaying hardwood flooring and multiple doorways leading to different rooms at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Tiled bathroom with a shower-tub combination and a single window for natural light at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Cozy bedroom with hardwood floors and a window offering natural light at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Bright bedroom with hardwood floors and a window offering ample natural light at 561 Formwalt Sw St # 5, Atlanta, GA 30312
  • Outdoor patio with wooden flooring and a view of the street at 561 Formwalt Sw St # 5, Atlanta, GA 30312
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Home Description

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.

  • MLS #: 7524995F
  • Address: 561 Formwalt Sw St # 5
  • City: Atlanta
  • Zip: 30312
  • County: Fulton
  • Community Features: None
  • Square Feet: 583
  • Sq. Ft. Source: Public Records
  • Pool: None
  • Water Body Name: None
  • Dock : None
  • Waterfront Features: None
  • Water Source: Public
  • Interior of Property: Other
  • Rooms: Other
  • Flooring: Hardwood
  • Kitchen Features: None
  • Kitchen Appliances: Dishwasher,Disposal,Electric Range,Electric Water Heater
  • Fireplace: None
  • Number Fireplaces: 0
  • Bedrooms: None
  • Master Bath: None
  • Dinning Room: None
  • Laundry: In Hall,Laundry Room,Main Level
  • Other Equipment: None
  • Patio/Porch Features: Deck
  • Security Features: Fire Alarm
  • Common Walls: 1 Common Wall
  • Nbr of Units in Community: 1
  • Basement: None
  • Parking: Assigned,On Street,Parking Pad
  • Lot Dimensions: x
  • Lot Size Acres: 0.01

Available now at $140,000

  • Type: Mid Rise
  • Style: Mid-Rise (up to 5 stories)
  • Levels: One
  • Property Condition: Resale
  • Road Type: Asphalt
  • Cooling: Ceiling Fan(s),Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Green Energy Efficient: None
  • Green Energy Generation: None
  • Exterior of Property: None
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Other Structures: None
  • Swim/Tennis Fee: None
  • Tax Year: 2024
  • Home Warranty: No

Neighborhood

The average asking price of a 2 bedroom Atlanta home in this zip code is $448,900 (220.6% more than this home).

This home is priced at $240/sqft, which is 60.2% less than similar homes in the 30312 zip code.

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School Information

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

Financial

  • Approx Payment:$709*
  • Taxes:$2,473

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 (470) 554-2945 and speak with one of our real estate consultants.

Listing Courtesy of Dalton Wade, Inc.. For information or to schedule a viewing of this property (MLS# 7524995F), call: 470-554-2945

561 Formwalt Sw St # 5, Atlanta GA is a single family home of 583 sqft and is currently priced at $140,000 . This single family home has 2 bedrooms. In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures in Atlanta, GA. Cityside Lofts, City Heights Condominiums and Ezell Townhomes are nearby neighborhoods. MLS 7524995F has been posted on this site since 2/14/2025 (today).

2025 2/19/2025

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