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Rob Smith

Sales Team Leader, Listing Specialist

  • Office 404-541-3500
  • Cell 404-906-5857

720 Formwalt St, Atlanta, GA – $850,000

  • $850k Price
  • 61 DOM
  • $850k Price
  • 61 DOM

720 Formwalt St

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.

Essential Information

  • MLS® #8507939
  • Price$850,000
  • Acres0.00
  • Year Built1960
  • TypeMulti-Family
  • StatusUnder Contract

Community Information

  • Address720 Formwalt St
  • SubdivisionMechanics
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30315-1075


  • AmenitiesNone
  • ParkingParking Pad


  • HeatingOther (See Remarks)
  • CoolingOther (See Remarks)
  • Stories2 Stories


  • Lot Description.33
  • ConstructionBrick 4 Sided

School Information

  • ElementaryOther
  • MiddleOther
  • HighOther

Additional Information

  • Days on Market61

Listing Details

  • OfficeKeller Williams Atl. Midtown
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Price Change History for 720 Formwalt St, Atlanta, GA (MLS® #8507939)

Date Details Change
Status Changed from Active to Under Contract
Status Changed from New to Active

Keller Williams Atl. Midtown.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Keller Williams Realty Intown Atlanta are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.

The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on April 18th, 2019 at 6:17pm EDT.