Newly Renovated 16-Unit Multifamily Opportunity
720 Formwalt St SW, Atlanta, GA
For Sale
Multifamily
Garden Low Rise
$3,100,000
Price
8,650 sqft
Building Size
14,362 acres
Lot Area
Overview
Building Size
8,650 sqft
Lot Area
14,362 acres
Class
C
Units
16
Year Built
1960
Floors
1
Description
Newly Renovated 16-Unit Multifamily Opportunity with Attractive assumable Debt.
Atlanta, GA
Highlights
- Conveniently located just minutes from Downtown Atlanta, I-85 and Summerhill
- Full rehab to include the following-
- All plumbing and sewer lines
- All new electrical service from the street
- All new mechanicals (mini-splits)
- New windows, doors and roofs and exterior paint
- New interiors to include granite countertops, stainless appliances
- New paving and landscaping
- Off-street parking
- In-unit laundry
- Mix of 2/1’s (7) and 2/2’s (8) along with (1) one-bedroom ADA unit
- Rear-fenced dog-run area
- Attractive Assumable Debt at 5.73% interest