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727 Formwalt Street SW

Atlanta, GA 30315

$295,000 $1,243/Mo

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Overview

Bed

Bath

0.10

Acre(Lot)

Description

LOCATION, VALUE, AND OPPORTUNITY all come together at 727 Formwalt Street SW! This 3-bedroom, 2.5-bath home offers 1,806 square feet of living space in one of Atlanta's most convenient intown locations, and it's being offered BELOW APPRAISED VALUE. From the moment you arrive, the inviting front porch gives this home plenty of character. Inside, you'll find a spacious floor plan with hardwood flooring, tall ceilings, stainless steel kitchen appliances, and plenty of natural light. With more than 1,800 square feet, there's plenty of room to live, work, entertain, and truly make this home your own. Upstairs, the oversized primary bedroom is definitely a highlight. There's plenty of room for a full bedroom setup with additional space for a sitting area, desk, or whatever fits your lifest yle. The primary also has access to its own private front deck, giving you a nice outdoor space right outside your bedroom. The outdoor space continues in the back with a rear deck that's perfect for grilling, entertaining, or simply relaxing. The backyard is completely fenced, giving you additional privacy and plenty of ways to enjoy the space. But LOCATION may be the biggest selling point here. You're just minutes from Downtown Atlanta, the Atlanta University Center, Georgia State University, Mercedes-Benz Stadium, State Farm Arena, Georgia State's football stadium, Centennial Olympic Park, the Georgia Aquarium, World of Coca-Cola, and so much more. Midtown Atlanta and Hartsfield-Jackson Atlanta International Airport are also conveniently accessible. Whether you're looking for a place to call home, purchasing your first property, or an investor looking for an intown Atlanta opportunity, 727 Formwalt gives you options. FOR INVESTORS, this property has previously generated rental income in the range of approximately $2,300-$2,500 per month. With a 3-bedroom floor plan, fenced backyard, outdoor living spaces, and a central Atlanta location, the property offers an opportunity for buyers looking to add an intown rental to their portfolio. FOR OWNER-OCCUPANTS, there may be several financing and down-payment assistance options available to qualified buyers, including Georgia Dream, Fulton County HOP, Chenoa Fund programs, 100% financing options, and other available grant and assistance programs. Program availability, eligibility, income limits, property requirements, and financing terms vary by buyer and loan program. Great space. Great value. Great location. Whether you're buying a home for yourself or looking for your next investment, 727 Formwalt Street SW is ready for its next owner. Come see the home, see the location, and see the possibilities for yourself.

Property Details

Property Type : Residential

Price : $295,000

AD Id : 91475016

MLS Id : 10852384

Beds : 3

Lot Size : 0.10 Acre

Tax Amount : $3,927

Year Built : 2004

County : Fulton

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3 Bedrooms On Upper Level: 3 Bedrooms On Lower Level: 0 Main Bedrooms: 0 Room Type: Other Window Features: Insulated Windows

Bathroom Information

Total Baths: 2 Full Baths: 2 Half Baths: 1 Full Baths Main: 0 Baths Full Lower: 0 Baths Full Upper: 2

Water/Sewer

Water Source: Public Water BodyName: NONE Sewer: Public Sewer
Kitchen Information

Kitchen: Kitchen Island Dining Room: Open Concept

Interior Features

Roommate Plan,Walk-In Closet(s) Flooring: Carpet,Hardwood

Appliances

Dishwasher,Dryer,Microwave,Refrigerator,Washer

Utilities

Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available
Cooling Features

Attic Fan,Central Air

Heating Source

Central

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2004 Roof Type: Composition Basement: Crawl Space Common Walls: No Common Walls Levels: Two Property Age: 22
Foundation

Slab

Security Features

Smoke Detector(s)
Laundry Features

Laundry Closet

Fencing

Back Yard

Construction Materials

Other

Property Condition

Resale

Lot Information

Lot Size (Acr): 0.101 Lot Size Source: Public Records Lot Features: Other
Property Information

Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: n/a City: Atlanta State: GA Directions: Google Maps Property Status: New

Listing Price Information

Original List Price: $295,000

Tax Information

Annual Tax: $3927 Tax Year: 2025
Home Warranty

Home Warranty Paid: No

Virtual Tour

Parking Information

Parking: 0 Parking Features: Off Street,Parking Pad
Homeowners Association Information

Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None

School Information

Elementary School: Dunbar High School: MH Jackson Jr Middle School: King Source Neighborhood: n/a

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Nearby Home Value

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1080 Valley View Road, Atlanta, GA, 30315	$225,000	5	2	1,400	0.42 Acre
1080 Valley View Road SE, Atlanta, GA, 30315	$225,000	5	2	1,400	0.42 Acre
1140 Moreland Drive, Atlanta, GA, 30315	$262,500	5	2	--	0.33 Acre
1101 Isa Drive, Atlanta, GA, 30315	$250,000	4	2	1,138	0.37 Acre
1993 Akron Drive, Atlanta, GA, 30315	$150,000	3	1	--	0.24 Acre

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