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  • $110,000

    1301 Waldrop Pl, Decatur, GA 30034

    3beds
    1,292sqft
    Condominium, Residential
    Built in 2006
    -- sqft lot
    $109,000 Zestimate®
    $85/sqft
    $1,655 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 06, 2024 at 10:54pm

    Listing Provided by:

    Doris Armstrong,

    LoKation Real Estate, LLC 404-348-0420

    Bought with:

    Shaneka Nelson, 422214

    Keller Williams Realty Signature Partners

    Source: FMLS GA,MLS#: 7465501MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Features: None
    • Level: None
    Bedroom
    • Features: None
    Primary bathroom
    • Features: Tub/Shower Combo
    Dining room
    • Features: Open Concept
    Kitchen
    • Features: None
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
    • Laundry: In Hall
    Features
    • Other
    • Windows: Double Pane Windows
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 1,292
    • Total interior livable area: 1,292 sqft
    • Finished area above ground: 1,292
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Trees/Woods
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 1,001 sqft
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 15 071 05 009
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: None
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: None
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Fire Alarm, Smoke Detector(s)
    Community
    • Community features: Dog Park, Homeowners Assoc, Near Public Transport, Park
    Location
    • Region: Decatur
    • Subdivision: Waldrop Park

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $225 monthly
    • Services included: Maintenance Structure
    • Association phone: 888-722-6669

    Other

    Other facts
    • Ownership: Condominium
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $109,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $109,000