1301 WALDROP
Decatur, GA 30034
3 beds | 2 baths | 0.02 acres | #7465501
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.
Interior Details
- InteriorOther
Beds & Baths
- Bedrooms3
- Bathrooms2
- Full Baths2
- Bedrooms on Main Level3
Property Details
- ViewTrees/Woods
- Exterior MaterialsLighting
- Lot DescriptionLevel
Measurements
- Acres0.023
Parking
- Parking FeaturesAssigned
Construction Details
- StyleMid-Rise (up to 5 stories)
- Property TypePurchase
Condition
- Year Built2006
Utilities / Energy Details
- Utility FeaturesCable Available, Electricity Available, Sewer Available, Water Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionWaldrop Park
Location
- Elementary SchoolOak View - DeKalb
- Middle SchoolCedar Grove
- High SchoolCedar Grove
- CountyDekalb - GA
Financial Details
- Original List Price$120,000
- Taxes Annual$1,831
HOA
- Hoa Fees225
Other
- MLS #7465501
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Doris Armstrong (#ARMSTD)
Listing Office: LoKation Real Estate, LLC (#LOKR01)
Listing Courtesy (Buyer)
Buyer's Agent: Shaneka Nelson (#SHANEKAN)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.