Decatur, GA 30034,1301 WALDROP
Decatur, GA 30034,1301 WALDROP
Decatur, GA 30034,1301 WALDROP
Decatur, GA 30034,1301 WALDROP
Decatur, GA 30034,1301 WALDROP
Decatur, GA 30034,1301 WALDROP
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$ 120,000
Est. payment | /mo

3 Beds

2 Baths

1,292 SqFt


$ 120,000
Est. payment | /mo

3 Beds

2 Baths

1,292 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 1,292 sqft

Price per Sqft $92

Subdivision Waldrop Park

MLS Listing ID 7465501

Style Mid-Rise (up to 5 stories)

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Fees $225

HOA Y/N Yes

Originating Board First Multiple Listing Service

Year Built 2006

Annual Tax Amount $1,831

Tax Year 2023

Lot Size 1,001 Sqft

Acres 0.023

Property Description

Investors, take advantage of this outstanding opportunity at 1301 Waldrop Place in Decatur, GA! This home offers excellent investment potential, currently rented at $1,500 per month with a lease in place until June 1, 2025. The existing rental agreement ensures immediate cash flow, making it an ideal addition to your real estate portfolio.

This well-kept 3-bedroom, 2 bathroom Condo features a practical and open floor plan designed for comfortable living. The spacious living room is perfect for relaxing or entertaining guests, while the adjacent dining area offers plenty of space for meals or gatherings. The kitchen comes equipped with modern appliances, ample cabinetry, and generous countertop space, making meal preparation a breeze.

The primary bedroom features an en-suite bathroom with a tub/shower combination, providing a relaxing retreat. The two additional bedrooms are also well-sized and share another full bathroom with a similar tub/shower combo. Each room is designed to maximize comfort and functionality, making it an appealing option for tenants.

Situated in a convenient location, the property is close to shopping, dining, schools, and public transportation. It's also just a short drive to major highways, making commuting to downtown Atlanta or surrounding areas easy and efficient.

For investors, this property is a rare find—a fully occupied, income-generating asset with no need for immediate tenant search or property marketing. The $1,500 monthly rent provides consistent cash flow, while the long-term lease offers stability and peace of mind. As Decatur continues to be a sought-after area for renters, this property’s location and features make it a smart and solid investment choice.

1301 Waldrop Place checks all the boxes. With its prime location, steady rental income, and renter-friendly design, this home offers exceptional value for both seasoned and new investors.

Location

State GA

County Dekalb

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Basement None

Main Level Bedrooms 3

Dining Room Open Concept

Interior

Interior Features Other

Heating Electric, Forced Air

Cooling Central Air

Flooring Luxury Vinyl

Fireplaces Type None

Window Features Double Pane Windows

Appliance Dishwasher, Electric Range, Electric Water Heater, Refrigerator

Laundry In Hall

Exterior

Exterior Feature Lighting

Garage Assigned

Fence None

Pool None

Community Features Dog Park, Homeowners Assoc, Public Transportation, Park

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Trees/Woods

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Parking Type Assigned

Total Parking Spaces 1

Private Pool false

Building

Lot Description Level

Story One

Foundation None

Sewer Public Sewer

Water Public

Architectural Style Mid-Rise (up to 5 stories)

Level or Stories One

Structure Type Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Oak View - Dekalb

Middle Schools Cedar Grove

High Schools Cedar Grove

Others

HOA Fee Include Maintenance Structure

Senior Community no

Restrictions true

Tax ID 15 071 05 009

Ownership Condominium

Financing no

Special Listing Condition Real Estate Owned

First Multiple Listing Service(FMLS)
Listed by LoKation Real Estate, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 613-9035

teiwyattrealty@gmail.com

800 Battery Ave SE, Atlanta, GA, 30339, USA

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1301 WALDROP