SCHEDULE A SHOWING ONLINE AT: showmojo.com/lrt/a616963098 ---- Welcome to this charming 2-bedroom, 1-bath condo. The home features a bright, open living space and a modern kitchen equipped with granite countertops and stainless steel appliances. Conveniently located near downtown Atlanta, shopping, dining, and major highways, this home offers comfort and convenience in a great location. --- Please note that all applicants must meet the standard qualifications commonly required by professional property management companies. These include but are not limited to the following: - Income Requirement: Applicants must provide verifiable income equal to at least 2.5 times the monthly rent. - Credit History: A credit score of 600 or higher is preferred. Lower scores may require additional security deposits or guarantors. - Rental History: A minimum of 2 years of positive rental history is required. Applicants with prior evictions, late payments, or outstanding landlord debts may be declined. - Background Check: All occupants 18 years or older are subject to a criminal and eviction background screening. - Employment Verification: Proof of current, stable employment or sufficient recurring income is required. - Occupancy Limit: No more than 2 persons per bedroom as per local housing standards. - Pet Policy: Pets are accepted on a case-by-case basis, subject to pet screening, applicable fees, and owner approval. - Security Deposit & Fees: A refundable security deposit (typically equal to one month's rent) and non-refundable administrative fee are due prior to move-in. Note: Failure to meet any of the above criteria does not automatically disqualify an applicant, but additional conditions (such as a higher deposit or co-signer) may apply.
Mechanicsville, located between Downtown Atlanta and the West End, is a historic and residential Atlanta neighborhood with a rail-lined edge and a grid of porch-front streets. The neighborhood’s character concentrates around the Georgia Avenue corridor near the Atlanta University Center, where corner stores, murals, and campus foot traffic set the tempo. Longtime pillars include the historic Pittsburgh Yards creative campus, the Atlanta University Center institutions, and the nearby Mercedes-Benz Stadium event scene. Housing reads as early-20th-century cottages and bungalows alongside newer infill. Sidewalk walks trace toward the BeltLine’s Westside Trail and the industrial blocks around University Avenue. MARTA rail at nearby stations keeps the geography connected to the city’s core.
Provided by Walk Score and Local Logic
Historical weather
Atlanta, GA • 30312
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Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
This property is priced $93 above the rental estimate.
Asking rent
$1,950
Rental estimate
$1,857
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 562 Formwalt St SW
Sale History
Tax History
Date
Event
Price
SHOWMOJO #1
Sep 23, 2026
Listed for Rent
$1,950
FMLS #7455115
Nov 11, 2024
Listing Removed
—
Sep 13, 2024
Listed
$199,900
FMLS #5781370
Mar 13, 2017
Sold
$75,400
Feb 13, 2017
Contingent
—
Feb 1, 2017
Relisted
—
Dec 29, 2016
Contingent
—
Dec 9, 2016
Listed
$85,000
PERFECT INVESTOR OPPORTUNITY OR PROPERTY FOR FIRST TIME BUYER! GREAT LOCATION CLOSE TO COLLEGE, DOWNTOWN, TURNER FIELD AREA AND NEAR 1-75 /85. RECENTLY RENOVATED.
FMLS #5573668
Aug 21, 2015
Price Changed
$50,000
Aug 18, 2015
Price Changed
$53,000
Aug 18, 2015
Sold
$50,000
Aug 5, 2015
Contingent
—
Jul 24, 2015
Listed
$53,000
GAMLS #7495073
Sep 3, 2015
Price Changed
$50,000
Aug 18, 2015
Sold
$50,000
Aug 5, 2015
Pending
—
Aug 5, 2015
Price Changed
$53,000
Jul 24, 2015
Listed
$53,000
As the MLS and public records start to fill up, we'll list the details here.
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562 Formwalt St SW is a 625 square foot property with 2 bedrooms and 1 bathrooms. We estimate that 562 Formwalt St SW would rent between $1,857 / mo.562 Formwalt St SW is located in Atlanta, the 30312 zipcode, and the Atlanta Public Schools.