720 Formwalt St., Atlanta, GA 30315

720 Formwalt St., Atlanta, GA 30315
Photo 1 of 12
$850,000
Sold on 5/03/19
Beds Baths Sq. Ft. Taxes Built
0.00 0 $6,187 1960
On the market: 111 days
Doug Ferguson
(404) 458-1672
King Team (Atlanta Communities)
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View full details, 15 photos, school info, and price history
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.
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Listing courtesy of Marc Takacs, Keller Wms Re Atl Midtown