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1301 Waldrop Pl, Decatur, GA 30034

Beds
3
Baths
2
Sqft
1,292

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLokation Real Estate
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Overview

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

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,292
Lot size (acres)
0.02
Year built
2006

Utilities

Heating
Electric, Forced air
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$450

Taxes

Tax Annual Amount (2023)
$1,831

Public schools

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Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7465501 Last checked:

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