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431 Formwalt ST SW Atlanta, GA 30312
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Key Details
Sold Price $120,000
Property Type Vacant Land
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7535003
Sold Date 07/02/25
HOA Y/N No
Annual Tax Amount $896
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Multi Family
Source First Multiple Listing Service
Property Description
Incredible opportunity to purchase a lot in up-and-coming Mechanicsville!! Minutes away from the Summerhill mixed-use development, GSU, Downtown Atlanta, the Mercedes Benz Stadium, and the State Farm Arena. Across the street from the Fulton County Juvenile Court and the Mechanicsville Library, on a quiet street off the main road (Fulton St SW), connecting to I-20 and I-85/75 for easy access. The lot is zoned SPI-18 SA1 (Mechanicsville Neighborhood Special Public Interest District), allowing for diverse commercial and residential uses, including multi-family. Variance for off-site parking obtained for a potential coffee shop (ground level) and two apartments (top level) project. Conceptual drawings available upon request.
Location
State GA
County Fulton
Zoning SPI18
Lake Name None
Rooms
Other Rooms None
Interior
Equipment None
Exterior
Fence None
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available, Other
Waterfront Description None
View Y/N Yes
View City, Neighborhood
Present Use Vacant
Street Surface Paved
Private Pool false
Building
Lot Description Cleared, Level, Rectangular Lot
Schools
Elementary Schools Hope-Hill
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 007600040741
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Bought with Atlanta Communities
NEARBY SCHOOLS & BUSINESSES
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