431 Formwalt ST SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30312
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7535003
Annual Tax Amount $896
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Multi Family
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
Rooms
Other Rooms 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 City,Neighborhood
Building
Lot Description Cleared,Level,Rectangular Lot
New Construction No
Schools
Elementary Schools Hope-Hill
Middle Schools David T Howard
High Schools Midtown
Others
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Special Listing Condition None