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Ajai Daniels

ajaisellshomes@1stclassre.com +1(706) 464-3066

$ 1,150,000

Est. payment -/mo

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Active

598 Formwalt ST SW Atlanta, GA 30312

8,015 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Mechanicsville

MLS Listing ID 10661078

HOA Y/N No

Year Built 2025

Annual Tax Amount $1,548

Tax Year 2025

Lot Size 8,015 Sqft

Acres 0.184

Lot Dimensions 8015.04

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Welcome to 598 Formwalt Street-a newly constructed, modern duplex featuring a combined 4800 sq. ft. of total living space being offered BELOW APPRAISED VALUE. Both units boast light and airy, open concept floor plans and beautiful design touches throughout. Unit A has 2400 square feet, 4 bedrooms, 3.5 bathrooms, a gorgeous (upper level) master with a spa-like ensuite and custom walk-in closet. The COVETED driveway, that can accommodate up to 5 cars, is simply icing on the cake. Unit B, also 2400 square feet, has 4 bedrooms, 2.5 baths, and a secluded, peaceful master on the main. Just steps from the best that ATL has to offer, 598 Formwalt is nestled in the heart of Atlanta on a quaint, cobblestone street. Minutes from Downtown, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, GA State Stadium (formerly Turner Field), Interstates I-20, I-75, and I-85, it is the ideal location if you are an investor looking to add an income-generating property to your portfolio. Unit B is a fully functioning, 5-STAR reviewed AirBnb and is being sold with all appliances and furniture included-making this a seamless transition and sound investment opportunity. Unit A, also being sold with all appliances included, is equally ready to be converted to an AirBnb as well. Or, if you are an owner occupant whose heart's desire is to live/work in close proximity to Atlanta's bustling city life, while producing rental income, this is the perfect property for you as well. Live in one unit; generate up to $3700 in rental income with the other. Whichever category you fall into, you can't go wrong. So schedule your tour of this gorgeous duplex today!

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Electric, Forced Air, Zoned

Cooling Central Air, Electric, Zoned

Fireplace No

Exterior

Parking Features Off Street, Parking Pad

Garage Spaces 5.0

Community Features Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Electricity Individual Meters, Sewer Connected

View Y/N No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Press Board

New Construction Yes

Schools

Elementary Schools Dunbar

Middle Schools King

High Schools Mh Jackson Jr

Others

HOA Fee Include None

Tax ID 14 007600100578

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition New Construction

SCHOOLSPROPERTIES

Elementary Schools 20

8

Morningside Elementary School

Public | KG - 5
7

Centennial Academy

Public | KG - 8
6

Kipp Strive Academy

Public | 5 - 8
6

Neighborhood Charter School

Public | KG - 5
5

Kipp West Atlanta Young Scholars Academy

Public | 5 - 8
5

Parkside Elementary School

Public | PK - 5
5

Imagine Wesley International Academy Charter Facility

Public | KG - 8
4

Kipp Strive Primary School

Public | KG - 1
4

M. A. Jones Elementary School

Public | PK - 5
3

Dunbar Elementary School

Public | KG - 5
3

Hope-Hill Elementary School

Public | KG - 5
2

Frank Lebby Stanton Elementary School

Public | EE - 5
2

Finch Elementary School

Public | EE - 5
2

Gideons Elementary School

Public | PK - 5
2

Slater Elementary School

Public | KG - 5
2

D. H. Stanton Elementary School

Public | PK - 5
2

Dobbs Elementary School

Public | PK - 5
2

Thomasville Heights Elementary School

Public | PK - 5
1

Perkerson Elementary School

Public | EE - 5
1

Benteen Elementary School

Public | PK - 5

Middle Schools 9

6

Samuel M. Inman Middle School

Public | 6 - 8
6

Atlanta Charter Middle School

Public | 6 - 8
5

Martin Luther King Jr. Middle School

Public | 6 - 8
4

Sylvan Hills Middle School

Public | 6 - 8
4

Hollis Innovation Academy

Public | EE - 8
3

Luther J. Price Middle School

Public | 6 - 8
1

Brown Middle School

Public | 6 - 8
0

Bright Futures Academy

Private | 6 - 12
0

Kennedy Middle School

Public | 6 - 8

High Schools 15

6

Early College High School at Carver

Public | 9 - 12
6

Midtown High School

Public | 9 - 12
5

Maynard Holbrook Jackson High School

Public | 9 - 12
1

Booker T. Washington High School

Public | 9 - 12
1

G. W. Carver High School

Public | 9 - 12
1

School of Technology at Carver

Public | 9 - 12
1

School of Health Sciences and Research at Carver

Public | 9 - 12
1

Provost Academy Georgia

Public | 9 - 12
0

Booker T. Washington - Early College Small School

Public | 9 - 12
0

Booker T. Washington High School - Banking, Finance, and Investments

Public | 9 - 12
0

Booker T. Washington High School - Health, Science, and Nutrition

Public | 9 - 12
0

Department of Human Resources

Public | 12 - 12
0

Cristo Rey Atlanta Jesuit High School

Private | 9 - 10
0

Carver High School

Public | 9 - 12
0

The New School

Private | 9 - 11

School and business data provided by Attom Data.

Ajai Daniels

Agent | License ID: 440827

+1(706) 464-3066

Ajai Daniels

598 Formwalt ST SW Atlanta, GA 30312

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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598 Formwalt ST SW