1301 WALDROP Pending Save Request In-Person Tour Request Virtual Tour
Decatur,GA 30034
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
HOA Fees $225
Year Built 2006
Annual Tax Amount $1,831
Tax Year 2023
Lot Size 1,001 Sqft
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
Rooms
Other Rooms None
Dining Room Open Concept
Interior
Heating Electric,Forced Air
Cooling Central Air
Flooring Luxury Vinyl
Fireplaces Type None
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
Building
Lot Description Level
Story One
Foundation None
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Oak View - Dekalb
Middle Schools Cedar Grove
High Schools Cedar Grove
Others
Special Listing Condition Real Estate Owned