592 Formwalt Street SW, Atlanta, GA 30312

$250,000 Asking Price

2 beds
1 bath
Built in 1920

592 Formwalt St. is a fixer or tear down. The Zoning is SPI-18, similar to R-5, it allows the property to be rebuilt as 2 connected homes, each of which can be conveyed, sold, separately as 2 fee simple townhomes. See similar projects across the street and on Eugenia street. Complete Survey and Architectural plans available. Previous 2023 buyer had plans that called for (2) 4bedroom/3 bath townhomes on 3 levels, each!. Seller is not distressed. Title work took over a year to clear due to Fulton County, but is now ready for a new Builder to purchase! Publix in Summerhill is close by!


Features & Amenities

Interior

General:
Other
Appliances:
Other
Laundry:
None
Basement:
None
Flooring:
Hardwood
A/C:
false, None
Heating:
false, None
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow/Cottage
Parking:
Parking spaces: 0

Construction

Roofing:
Composition
General:
Wood Siding, One and One Half, Block

Location

HOA Amenities:
0.0
Originating MLS:
Georgia MLS 2
County:
Fulton

Lot

Zoning:
14 007600100586
View:
City, View

Utilities

Utilities:
Electricity Available, Natural Gas Available, None, Sewer Available, Sewer Connected, Water Available, Electricity on Property
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Georgia MLS 2

This listing courtesy of:
Keller Knapp, Inc, Tom Atkinson

About Atlanta, GA

Housing

Number of Units
517,940
Median Home Value
$387,201
Median Rent
$1,151

54.70% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
52.29%
Public Transportation
6.55%
Walk to Work
2.19%
Work from Home
37.45%
Other
1.03%

The median travel time to work is 19 minutes.

People

Population
1,042,237
Median Age
36.10
Median Household Size
2.33

Education

High School
16.96%
Associate’s Degree
5.82%
Bachelor’s Degree
31.69%
Graduate Degree
24.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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