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
| Office | Watch Realty Co. |
|---|
