Refine Search

598 Formwalt Street Sw, Atlanta, GA 30312

$1,120,000

106 Total Photos [Click to View All]

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.

598 Formwalt Street Sw | MLS# 10731319

This single family home located at 598 Formwalt Street Sw, Atlanta, GA 30312 is currently listed for sale with an asking price of $1,120,000. This property was built in 2025 and has 8 bedrooms and 5 full and 2 partial baths. Formwalt Street Sw is located in the Mechanicsville subdivision. Search Mechanicsville real estate on www.watsonrealtycorp.com today.

Upcoming Open Houses

Open House Saturday May 2nd, 2:00pm - 4:00pm

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Ceiling Fan(s), Central Air, Zoned
Heating: Forced Air, Natural Gas, Zoned
Home Style: Craftsman
Lot Size: 0.18 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,548
Year Built: 2025

Feature Descriptions

Additional Rooms: Family Room, Laundry
Amenities: Sidewalks, Near Public Transport, Walk To Schools, Near Shopping
Appliances: Dishwasher, Disposal, Refrigerator
Flooring: Tile, Vinyl
Interior: Double Vanity, Master On Main Level, Roommate Plan, Walk-In Closet(s)
Kitchen: Breakfast Area, Kitchen Island, Solid Surface Counters
Parking Notes: Off Street
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Window Features: Double Pane Windows

Local Schools

High School: MH Jackson Jr
Middle School: King
Elementary School: Dunbar

Listed By / Shown By

Listed By

Agency Name: Watch Realty Co
Agency Phone: 404-630-2616

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

IDX logo

Estimate Your Payment

Estimated Payment

$ 6,119.00 per month $5,663.33 Principal & Interest $129.00 Property Tax $326.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel

THANK YOU FOR
YOUR INTEREST!

Complete the fields below to receive additional details.

Add to Calendar

Reserve A Time

Cancel Your Appointment?

Registration Successful

You are now registered to view virtual open houses for the listings.