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.
Off market
$352,600
720 Formwalt St SW, Atlanta, GA 30315
0beds
0baths
--sqft
SingleFamily
Built in 1960
0.5 Acres Lot
$352,600 Zestimate®
$--/sqft
$1,651 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Other, Gas
Cooling
- Other
Property
Lot
- Size: 0.50 Acres
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Atlanta
Other
Other facts
- architectural_style: Other
- neighborhoods: Fulton South
- grade_school: Dunbar
- taxes_annual: 6187
- original_listhub_key: 3yd-FMLSGA-6118889
Services availability

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