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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$1,050,000

Est. payment - /mo

8,015 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Mechanicsville

MLS Listing ID 10731335

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

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.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Forced Air, Natural Gas, Zoned

Cooling Ceiling Fan(s), Central Air, Zoned

Fireplace No

Exterior

Parking Features Off Street

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

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces From I-20, take Exit 56A toward Capitol Avenue SW. Turn onto Capitol Avenue SW and continue south. Turn onto Formwalt Street SW. The property will be on your right.

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Dunbar

Middle Schools King

High Schools Mh Jackson Jr

Others

HOA Fee Include None

Tax ID 14 007600100578

Special Listing Condition Resale

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

598 Formwalt ST SW Atlanta, GA 30312

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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598 Formwalt ST SW