598 Formwalt ST SW, Atlanta, GA 30312
598 Formwalt ST SW, Atlanta, GA 30312
598 Formwalt ST SW, Atlanta, GA 30312
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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$ 1,050,000
Est. payment | /mo

8,001 Sqft Lot


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$ 1,050,000
Est. payment | /mo
Save

8,001 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Mechanicsville

MLS Listing ID 7752154

Construction Status Resale

HOA Y/N No

Year Built 2025

Annual Tax Amount $1,548

Tax Year 2025

Lot Size 8,001 Sqft

Acres 0.1837

Property Sub-Type Duplex

Source First Multiple Listing Service

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

Area Mechanicsville

Lake Name None

Interior

Heating Forced Air, Natural Gas, Separate Meters, Zoned

Cooling Ceiling Fan(s), Central Air, Multi Units, Zoned

Flooring Luxury Vinyl, Tile

Window Features Insulated Windows

Exterior

Parking Features Driveway

Fence None

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks

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

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type

Construction Status Resale

Schools

Elementary Schools Paul L. Dunbar

Middle Schools Martin L. King Jr.

High Schools Maynard Jackson

Others

Senior Community no

Tax ID 14 007600100578

First Multiple Listing Service(FMLS)
Listed by Watch Realty Co.
Nearby Locations
Maria King

I am a passionate, friendly real estate professional dedicated to turning your real estate dreams into realty.

+1(404) 637-0167

mking@norluxerealty.com

650 Ponce de Leon Ave NE, Atlanta, GA, 30308-1804, USA

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598 Formwalt ST SW