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598 Formwalt ST SW Atlanta, GA 30312
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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mechanicsville
MLS Listing ID 7251101
Sold Date 10/11/23
Construction Status Under Construction
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1920
Annual Tax Amount $2,849
Tax Year 2022
Lot Size 8,001 Sqft
Acres 0.1837
Property Description
Investors – please complete this project! Duplex or more units with over 6 bedrooms of already framed and dried-in space! Huge windows and doors in place. All new Hardi-plank siding. Roll up door to a great backyard. Views of Ga State Stadium, formerly Turner Field. Georgia State University is right around corner. City of Atlanta Zoning is SPI-18. Property needs ~$250K additional hard costs, but ARV is well over $1.0M. Do not overlook the potential profit on this project. Lot Size is 50'x158.8' As-is purchase, bring your vision!. Rents listed are market estimates for completed 2 x 3/3 Duplex units.
Location
State GA
County Fulton
Lake Name None
Interior
Heating None
Cooling None
Window Features None
Exterior
Parking Features Driveway, Level Driveway, Paved
Fence Back Yard
Community Features None
Utilities Available None
Waterfront Description None
View Bay
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Construction Status Under Construction
Schools
Elementary Schools Paul L. Dunbar
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 007600100578
Special Listing Condition In Foreclosure
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Bought with Village Premier Collection Georgia, LLC