Listing Provided By Leslie Rose with Berkshire Hathaway HomeServices Georgia Properties, 404-537-5200
Active
Price reduced
561 Formwalt Street SW Unit 10
Atlanta, GA 30312
$99,500
- Beds
- 2
- Baths
- 1
- Sq ft
- 620
- Price per sq ft
- $160
- Year built
- 1962
- Lot
- 0.014 acres
About this home
INVESTOR SPECIAL! EXCEPTIONAL INTOWN ATLANTA VALUE – CASH BUYERS, TAKE NOTICE! Opportunity knocks! Offered at a newly reduced price, this two-bedroom, one-bathroom condo presents an attractive opportunity for investors seeking an affordable addition to their rental portfolio in a highly convenient intown Atlanta location. With its desirable location, dedicated gated parking, and low-maintenance lifestyle, this property offers excellent potential as a long-term rental for students, young professionals, and anyone wanting convenient access to Atlanta's employment, education, and entertainment districts. Inside, you'll find original hardwood floors, a freshly painted interior, and thoughtful updates that make this property move-in ready. The refreshed kitchen features a brand-new range and refrigerator, ample cabinet space, and plenty of natural light. Well-maintained HVAC and appliances, along with an EV charging station and dedicated parking within the gated area, add to the property's appeal. Location is everything, and this one delivers! Just minutes from Georgia State University, Downtown Atlanta, Summerhill, Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, the Atlanta BeltLine, restaurants, shopping, parks, MARTA, and major interstates. Its proximity to universities, business centers, and Atlanta's entertainment destinations makes this a compelling location for attracting tenants seeking convenience and accessibility. Investors should verify leasing opportunities and restrictions directly with the homeowners association. Schedule your private showing today.
- Listed
- Aug 5, 2026
- Updated
- Nov 7, 2026, 7:41 AM ET
- Property type
- Residential, Condominium
- Subdivision
- Capitol City Square
- FMLS #
- 7816222
- County
- Fulton - GA
Interior
- Interior features
- Low Flow Plumbing Fixtures, Other
- Appliances
- Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator
- Flooring
- Hardwood
- Fireplaces
- 0
- Fireplace features
- None
- Basement
- None
- Cooling
- Central Air, Electric, Ceiling Fan(s)
- Heating
- Central, Electric
- Laundry
- Laundry Closet
- Kitchen
- Stone Counters
- Primary bathroom
- None
- Levels
- One
- Main-level bedrooms
- 2
- Main-level bathrooms
- 1
- Accessibility features
- None
- Windows
- Double Pane Windows
Exterior
- Exterior features
- Balcony
- Patio and porch
- Rear Porch, Deck
- Construction materials
- Brick 4 Sides, Brick
- Roof
- Composition
- Fencing
- Fenced
- Pool features
- None
- Private pool
- No
- Spa
- None
- View
- Neighborhood
- Waterfront
- None
- Dock
- None
- Foundation
- Brick/Mortar
Lot & parking
- Lot size (acres)
- 0.014
- Lot dimensions
- x
- Lot features
- Level
- Parking
- Electric Vehicle Charging Station(s), Parking Lot
- Total parking spaces
- 1
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Phone Available, Sewer Available, Water Available, Cable Available
- Electric
- 220 Volts
- Energy efficiency
- None
HOA & taxes
- Association
- Yes
- Association fee
- 330
- Association fee frequency
- Monthly
- Association fee includes
- Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Termite, Trash, Water
- Annual tax amount
- 429
- Tax year
- 2025
Schools & community
- Elementary school
- Paul L. Dunbar
- Middle school
- Martin L. King Jr.
- High school
- Maynard Jackson
- Subdivision
- Capitol City Square
- County
- Fulton - GA
- Community features
- None
Construction
- Architectural style
- Mid-Rise (up to 5 stories)
- Year built
- 1962
- Property subtype
- Condominium
- Condition
- Resale
- Building area (total)
- 620
- Above-grade finished area
- 620
- Below-grade finished area
- 0
Location
Payment estimate
An estimate by Abbe Real Estate. It is not a loan offer, and it is not information from FMLS.
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