598 Formwalt ST SW, Atlanta, GA 30312
598 Formwalt ST SW, Atlanta, GA 30312
598 Formwalt ST SW, Atlanta, GA 30312
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Jordan Gallemore

Jordan Gallemore

+1(478) 258-3230
$1,120,000
Est. payment /mo
8 Beds
6 Baths
8,015 Sqft Lot
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Open House

Sat May 02, 2:00pm - 4:00pm

Sun May 03, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Subdivision Mechanicsville

MLS Listing ID 10731319

Style Craftsman

Bedrooms 8

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 2025

Annual Tax Amount $1,548

Tax Year 2025

Lot Size 8,015 Sqft

Acres 0.184

Lot Dimensions 8015.04

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

An exceptional investment opportunity awaits in the heart of Atlanta. This stunning modern duplex offers approximately 4,800 square feet of total living space and income-producing potential from day one. With a recent appraisal of $1,210,000, instant equity is built in from the start. No HOA and two thoughtfully designed units offer the kind of flexibility and freedom that is rarely found at this level. Unit A features approximately 2,400 square feet, 4 bedrooms, 3.5 bathrooms, an upper-level primary suite with a spa-inspired ensuite and custom walk-in closet, and a driveway accommodating up to 5 vehicles. Unit B offers approximately 2,400 square feet, 4 bedrooms, 2.5 bathrooms, and a serene primary on the main. Both units feature open concept floor plans with thoughtful design details throughout. Unit B is an active Airbnb rental being sold with all appliances and furniture included, making this a seamless investment from day one. Unit A is equally positioned for rental conversion. Whether you are an investor seeking immediate cash flow, a house hacker looking to live in one unit while generating rental income from the other, or a savvy buyer looking to build wealth through Atlanta's booming short-term rental market, this property was made for you. With the FIFA World Cup coming to Atlanta, demand for short-term rentals in this corridor is only expected to surge. Nestled on a charming cobblestone street minutes from Downtown Atlanta, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, and Interstates I-20, I-75, and I-85, the location is unmatched. Preferred lender incentive available. Stop by and view in person 2-4 p.m. on May 2nd.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Double Vanity, Master On Main Level, Roommate Plan, Walk-In Closet(s)

Heating Forced Air, Natural Gas, Zoned

Cooling Ceiling Fan(s), Central Air, Zoned

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Laundry Other

Exterior

Exterior Feature Other

Parking Features Off Street

Community Features Sidewalks, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

View City

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Other

Faces From I-20, take Exit 56A toward Capitol Avenue SW. Turn onto Capitol Avenue SW and continue south. Turn onto Formwalt Street SW. The property will be on your right.

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Structure Type Other

New Construction No

Schools

Elementary Schools Dunbar

Middle Schools King

High Schools Mh Jackson Jr

Others

HOA Fee Include None

Tax ID 14 007600100578

Special Listing Condition Resale

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Jordan Gallemore

Jordan Gallemore

+1(478) 258-3230

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