598 Formwalt Street Sw, Atlanta, GA

$950,000

Previous Next

8

Beds

7

Baths

4,770

Square feet

0.18

Acres

About 598 Formwalt Street Sw

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.

Features of 598 Formwalt Street Sw

MLS® # 7750818
Price $950,000
Bedrooms 8
Bathrooms 7.00
Full Baths 5
Half Baths 2
Square Footage 4,770
Acres 0.18
Year Built 2025
Type Residential
Sub-Type Single Family Residence
Style Craftsman
Status Active
Has Master On Main Yes
Basement Yes

Community Information

Address 598 Formwalt Street Sw
Subdivision Mechanicsville
City Atlanta
County Fulton - GA
State GA
Zip Code 30312

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Parking Driveway
View City
Is Waterfront No
Waterfront None
Has Pool No
Pool None

Interior

Interior Features Double Vanity, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
Appliances Dishwasher, Disposal, Refrigerator
Heating Forced Air, Natural Gas, Separate Meters, Zoned
Cooling Ceiling Fan(s), Central Air, Multi Units, Zoned
Has Basement Yes
Basement None
Fireplace No
Fireplaces None
Stories Two

Exterior

Exterior Features Other
Lot Description Other
Windows Insulated Windows
Roof Composition
Construction HardiPlank Type

School Information

Elementary Paul L. Dunbar
Middle Martin L. King Jr.
High Maynard Jackson

Additional Information

Days on Market 129
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWatch Realty Co.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?