MLS# 7666406 – 561 Formwalt Street Sw Unit 10, Atlanta, GA 30312

Courtesy of Madeline Coffin, HomeSmart 404-876-4901

Property Description

Description

2 Beds

1 Bath

620 Sqft

618 Sqft lot

0.01 Acre lot

Status: Active

Property Type: Condominium

Year Built: 1961

Neighborhood: Capitol City Square

Days on Website: 11

Prime investment opportunity or perfect for first time buyer in the heart of Atlanta! This unit is one of the larger floor plans, a corner unit, and on the second floor. 2-bedroom, 1-bathroom condo has been updated and is ready to generate immediate rental income or move in ready for first time buyer! Key upgrades include EV charger, a new conduction stove, new refrigerator, newer water heater, fresh paint throughout, and an updated kitchen. The bathroom has been modernized with a new vanity and toilet, and the shower was resurfaced in 2024. The HVAC system has been regularly maintained, ensuring lower maintenance costs for the new owner. This condo qualifies for Invest Atlanta Down Payment grants, up to $20,000! Just two miles from major attractions like State Farm Arena, Mercedes-Benz Stadium, Summerhill, and GSU Arena, this unit offers excellent appeal for buyers looking for proximity to downtown entertainment, dining, and transportation hubs. VA, Cash, Conventional accepted.

Open House

Property Details and Features

Location

City:

Atlanta

County Or Parish:

Fulton - GA

State Or Province:

Subdivision Name:

Capitol City Square

Property Access

Road Frontage Type:

"Private Road"

Road Surface Type:

"Asphalt"

Appliances & Equipment

Appliances:

"Dishwasher", "Disposal", "Dryer", "Electric Range", "Electric Water Heater", "Refrigerator", "Washer"

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

Above Grade Finished Area:

620

Architectural Style:

"Contemporary", "Modern"

Below Grade Finished Area:

Below Grade Unfinished Area:

Building Area Total:

620

Common Walls:

"2+ Common Walls"

Construction Materials:

"Brick 4 Sides"

Levels:

"One"

Year Built:

1961

Community

Community Features:

"None"

Number Of Units In Community:

Cooling

Cooling:

"Central Air"

Dining Room

Features:

"None"

Accessibility Features

Accessibility Features:

"None"

Exterior Features

Exterior Features:

"Balcony", "Courtyard"

Patio And Porch Features:

"Front Porch", "Rear Porch"

Fees

Initiation Fee:

1000

Fence

Fencing:

"Fenced", "Privacy"

Fireplaces

Features:

"None"

Floors

Flooring:

"Hardwood"

Water Features

Water Body Name:

None

Waterfront Features:

"None"

Heating

Heating:

"Central"

Home Owner's Association

Association Fee Frequency:

Monthly

Association Fee Includes:

"Insurance", "Maintenance Grounds", "Maintenance Structure", "Pest Control", "Reserve Fund", "Sewer", "Termite", "Trash", "Water"

Association Fee:

$330

Association Rent Restrictions

Property is part of association

Second Association Fee:

$330

Second Fee Frequency:

Monthly

Interior Features

Features:

"Low Flow Plumbing Fixtures"

Kitchen

Room Kitchen Features:

"Cabinets Other", "Stone Counters", "View to Family Room"

Laundry

Features:

"Laundry Closet", "Main Level"

Listing

Current Price:

$138,500

Days On Market:

Listing Contract Date:

2025-10-31

Listing Terms:

"Cash", "Conventional", "VA Loan"

Mls Status:

Active

On Market Date:

2025-10-31

Price:

$138,500

Standard Status:

Active

Lot

Acres:

0.0142

Dimensions:

0x0

Features:

"Front Yard", "Private"

Primary Bathroom

Features:

"None"

Miscellaneous

Horse Amenities:

"None"

Energy Saving

Green Energy Efficient:

"None"

Green Energy Generation:

"None"

Parking

Parking Features:

"On Street", "Parking Lot"

Parking Total:

Pool

Features:

"None"

Property

Attached Property

Other Structures:

"None"

Property Condition:

"Resale"

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:

$524

Tax Lot:

Tax Parcel Letter:

14-0076-0010-129-5

Tax Year:

2023

Utilities

Electric:

"220 Volts"

Utilities:

"Cable Available", "Electricity Available", "Phone Available", "Sewer Available", "Water Available"

Water Source:

"Public"

Windows

Features:

"Double Pane Windows"

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Contact an Agent

Keith Sharp

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

Location

$138,500 -

561 Formwalt Street Sw Unit 10 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 November 11, 2025 5:23AM.

Keith Sharp

404-604-3800

678-778-8774

561 Formwalt Street Sw Unit 10 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