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.
|Status Changed from Contingent-Due Diligence to Pending||–|
|Status Changed from Active to Contingent-Due Diligence||–|
Listed By: KELLER WMS RE ATL MIDTOWN.
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Listing information last updated on April 24th, 2019 at 6:45am CDT.