598 Formwalt Street Sw, Atlanta, Georgia 30312
  • $950,000
  • $95,000

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.

  • Address: 598 Formwalt Street Sw, Atlanta, Georgia 30312
  • City: Atlanta
  • State/county: GA
  • Zip/Postal Code: 30312
  • Area: MECHANICSVILLE

Details

Updated on September 3, 2026 at 4:55 pm
  • Property ID 7752154
  • Price $950,000
  • Land Area 0.1837 m²
  • Year Built 2025
  • Property Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Composition
  • Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Ceiling Fan(s), Central Air, Multi Units, Zoned
  • Heating Forced Air, Natural Gas, Separate Meters, Zoned
  • Flooring Luxury Vinyl, Tile
  • County Fulton - GA
  • Property Type Residential Income
  • Parking Driveway
  • Elementary School Paul L. Dunbar
  • Middle School Martin L. King Jr.
  • High School Maynard Jackson
  • Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks
  • Waterfront None

Mortgage Calculator

Compare listings

Compare