MLS# 7525306 – 571 Formwalt Street Sw Unit 7, Atlanta, GA 30312

Courtesy of Pratik Karan, Dalton Wade, Inc.

Property Description

Description

2 Beds

1 Bath

584 Sqft

583 Sqft lot

0.01 Acre lot

Status: Active

Property Type: Condominium

Year Built: 1961

Neighborhood: Capitol City Square

Days on Website: 207

Location! REDUCED MOTIVATED SELLER... Investor, no Rental Restrictions. The unit is currently rented for 1000 to a long-term tenant can be increased to at least 1400 - 1500. 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 5 (MLS #: 7524995) is rented for 1250. And 571 Formwalt unit 7 is rented for 1250. There is no Seller Disclosure as the seller has not lived there.

Open House

Property Details and Features

Property Access

Road Frontage Type:

"None"

Road Surface Type:

"Asphalt"

Appliances & Equipment

Appliances:

"Other"

Other Equipment:

"None"

Basement

Basement:

"None"

Bathrooms

1 full bathroom

1 main level bathroom

2 main level bedrooms

1 total bathroom

Bedrooms

Bedrooms Total:

Features:

"None"

Building

Architectural Style:

"Mid-Rise (up to 5 stories)"

Building Area Total:

584

Common Walls:

"1 Common Wall"

Construction Materials:

"Brick 4 Sides"

Levels:

"One"

Number of Units To Be Built:

Year Built:

1961

Community

Community Features:

"None"

Number Of Units In Community:

Cooling

Cooling:

"Ceiling Fan(s)", "Central Air"

Dining Room

Features:

"None"

Accessibility Features

Accessibility Features:

"None"

Exterior Features

Exterior Features:

"None"

Patio And Porch Features:

"Deck"

Fence

Fencing:

"None"

Fireplaces

Features:

"None"

Floors

Flooring:

"Hardwood"

Water Features

Water Body Name:

None

Waterfront Features:

"None"

Heating

Heating:

"Central"

Home Owner's Association

Second Association Fee:

$399

Second Fee Frequency:

Monthly

Interior Features

Features:

"Other"

Kitchen

Room Kitchen Features:

"None"

Laundry

Features:

"In Hall"

Listing

Current Price:

$117,500

Days On Market:

190

Listing Contract Date:

2025-02-14

Mls Status:

Active

On Market Date:

2025-02-14

Previous Price:

$125,000

Price:

$117,500

Standard Status:

Active

Location

City:

Atlanta

County Or Parish:

Fulton - GA

State Or Province:

Subdivision Name:

Capitol City Square

Lot

Acres:

0.0134

Dimensions:

Features:

"Level", "Other"

Primary Bathroom

Features:

"None"

Miscellaneous

Horse Amenities:

"None"

Energy Saving

Green Energy Efficient:

"None"

Green Energy Generation:

"None"

Parking

Parking Features:

"Assigned", "On Street", "Parking Lot"

Parking Total:

Pool

Features:

"None"

Property

Attached Property

Other Structures:

"None"

Property Condition:

"New Construction"

Property Sub Type:

Condominium

View:

"Other"

Roof

Roof:

"Shingle"

Schools

Elementary School:

Paul L. Dunbar

High School:

Maynard Jackson

Middle Or Junior School:

Martin L. King Jr.

Security Features

Security Features:

"Fire Alarm"

Sewer

Sewer:

"Public Sewer"

Spa

Features:

"None"

Taxes

Tax Annual Amount:

$2,473

Tax Parcel Letter:

14-0076-0010-138-6

Tax Year:

2024

Utilities

Electric:

"None"

Utilities:

"Cable Available", "Electricity Available", "Natural Gas Available", "Sewer Available"

Water Source:

"Public"

Windows

Features:

"None"

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Contact an Agent

Keith Sharp

404-604-3800 678-778-8774 Email Me

Location

$117,500 -

571 Formwalt Street Sw Unit 7 Atlanta , GA 30312

City: Atlanta

Street View

Market Trends for 30312, Atlanta, GA

Nearby Schools

Recent Sales in the Area

This content last updated on September 9, 2025 7:16PM.

Keith Sharp

404-604-3800

678-778-8774

571 Formwalt Street Sw Unit 7 Atlanta , GA 30312

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

Keith Sharp

Location

Street View

Market Trends for 30312, Atlanta, GA

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby