598 Formwalt Street SW, Atlanta, GA 30312
- $1,050,000
- List Price
- $1,050,000
- Price Change
- ▼ $70,000 1780262519
- MLS#
- 10731335
- Type
- Multifamily
- City
- Atlanta
- County
- Fulton
- Subdivision
- Mechanicsville
- Year Built
- 2025
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.
/u.realgeeks.media/investorsunitedrealty/WhatsApp_Image_2024-10-08_at_9.39.56_PM.jpeg)
Additional Information
- Elementary School
- Dunbar
- High School
- MH Jackson Jr
- Parking
- Off Street
- Basement Type
- None
- Stories
- 2 Stories
- Fees Include
- None
- Tax Year
- 2025
- Short Sale
- Yes
Mortgage Calculator
Listing courtesy of Watch Realty Co.
© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.