Homes for sale - 1301 WALDROP, 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