561 Formwalt Sw St # 5, Atlanta, GA 30312
$117,500
Reduced By $22,500
last change 6/27/2025
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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
- 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 $117,500
- 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
Neighborhood
The average asking price of a 2 bedroom Atlanta home in this zip code is
$407,997 (247.2% more than this home).
This home is priced at $202/sqft,
which is 69.0% 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:$595*
- 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
(404) 917-5202 and speak with one of our real estate consultants.
Popular Homes
$534,550
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14
0.0%
57.1%
46
$732,095
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0.0%
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45
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$1,822,450
14
0.0%
35.7%
53
$3,328,318
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118
2.5%
35.6%
80
$678,983
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27
3.7%
48.1%
121
$410,772
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13
0.0%
61.5%
77
$410,278
$358,490
54
11.1%
64.8%
79
$361,585
$285,000
1126
2.7%
54.7%
84
$494,466
$529,900
6
0.0%
66.7%
40
$1,451,121
$1,295,000
33
0.0%
30.3%
52
$504,117
$435,000
53
7.5%
45.3%
60
$306,981
$284,500
96
2.1%
53.1%
100
$421,474
$370,000
27
0.0%
37.0%
99
$486,364
$459,900
34
0.0%
47.1%
76
$729,720
$729,800
29
3.4%
37.9%
56
$1,053,143
$999,500
14
0.0%
57.1%
86
$551,430
$529,000
20
0.0%
55.0%
45
$1,674,583
$1,219,500
12
0.0%
50.0%
77
$471,859
$441,500
50
0.0%
40.0%
71
$461,648
$425,000
23
0.0%
34.8%
63
$949,114
$775,000
56
0.0%
44.6%
50
$1,508,646
$1,200,000
13
0.0%
38.5%
42
$1,390,156
$984,750
36
0.0%
19.4%
39
Listing Courtesy of Dalton Wade, Inc..
For information or to schedule a viewing of this property (MLS# 7524995F), call: 404-917-5202
561 Formwalt Sw St # 5, Atlanta GA is a single family home of 583 sqft and
is currently priced at $117,500
.
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, Ezell Townhomes and City Heights Condominiums are nearby neighborhoods.
MLS 7524995F has been posted on this site since 2/14/2025 (today).
2025
7/2/2025