1 /
11
Floor Plans
Map
$1,335,714*
●
Multifamily -
Off Market
720 Formwalt Street SW
Atlanta, GA 30315
Studio
0 Bath
$765,000 - $935,000
Reference Base Price*
57.14%
Since Jun 1, 2019
GA-Atlanta
Primary Model
About This Property
AWESOME investment opportunity! Both 720 and 728 Formwalt are being
sold together. These are 1950's brick buildings needing full
renovation. Opportunity to earn $1300 - $1400 monthly/unit in
rents! There are a total of 16 units with both buildings just
waiting on the savvy investor to snag them up. Both communities are
on a little over half an acre. Renovate and collect rent for years
to come or assemble the lots for a larger project. Zoning is SPI-18
SA4 and other apartment buildings in the area are listed around
$120k/unit. Close to GA State and a resurgent downtown.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$516
HOA Dues
-
Year Built
1960
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2019 | No longer available | - | |
| No longer available | |||
| May 7, 2019 | Sold | $850,000 | |
| Sold | |||
| Jan 11, 2019 | Listed | $850,000 | |
| Listed | |||
Property Highlights
720 Formwalt Street SW
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
2.5
Baths
1,691 ft²
$449/ft²
$759,500
May 6, 2022
-
$185/mo
In Contract
House
3
Beds
3
Baths
1,789 ft²
$413/ft²
$738,500
Feb 20, 2022
-
$185/mo
Active
House
4
Beds
2.5
Baths
2,106 ft²
$337/ft²
$709,000
Oct 3, 2022
-
-
In Contract
House
3
Beds
3
Baths
1,691 ft²
$414/ft²
$699,500
May 12, 2022
-
$185/mo
In Contract
House
3
Beds
3
Baths
1,691 ft²
$412/ft²
$697,500
May 12, 2022
-
$185/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/11/2019
|
|
Studio
|
-
|
-
|
$850,000
Studio
-
|
$850,000
05/07/2019
|
-
|
MARC TAKACS
KELLER WMS RE ATL MIDTOWN
|
Building Info
720 Formwalt Street Southwest
720 Formwalt Street Southwest, Atlanta, GA 30315
