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.
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.
Listing Provided Courtesy of LoKation Real Estate, LLC
Property Details
Price:
$120,000
MLS #:
7465501
Status:
Active Under Contract
Beds:
3
Baths:
2
Address:
1301 WALDROP
Type:
Condo
Subtype:
Condominium
Subdivision:
Waldrop Park
City:
Decatur
Listed Date:
Oct 4, 2024
State:
GA
Finished Sq Ft:
1,292
Total Sq Ft:
1,292
ZIP:
30034
Year Built:
2006
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Schools
Elementary School:
Oak View – DeKalb
Middle School:
Cedar Grove
High School:
Cedar Grove
Interior
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Electric, Forced Air
Laundry Features
In Hall
Exterior
Architectural Style
Mid- Rise (up to 5 stories)
Community Features
Dog Park, Homeowners Assoc, Public Transportation, Park
Construction Materials
Vinyl Siding
Exterior Features
Lighting
Other Structures
None
Parking Features
Assigned
Parking Spots
1
Roof
Composition
Financial
HOA Fee
$225
HOA Fee 2
$225
HOA Frequency
Monthly
HOA Includes
Maintenance Structure
Tax Year
2023
Taxes
$1,831
Map
Community
- Address1301 WALDROP Decatur GA
- SubdivisionWaldrop Park
- CityDecatur
- CountyDekalb – GA
- Zip Code30034
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Courtesy of LoKation Real Estate, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Area Realty include the name of the listing broker. Neither the listing company nor Area Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Atlanta, GA. All rights reserved.
1301 WALDROP
Decatur, GA
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