$120,000
- Beds
- 3
- Baths
- 2.0
- sq ft
- 1,292
1301 Waldrop Pl, Decatur, GA 30034
1301 Waldrop Pl
Decatur, GA 30034
- <1 day on market
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.
Details
Property type
Condominium
Lot size
1,002 sq ft
Price per sq ft
$93
Year built
2006
Annual property taxes
$1,831
Monthly HOA fee
$225
Price History
10/04/2024
FMLS #7465501
Listed
$120,000
Schools & Community
Elementary school:
Oak View - DeKalb
Middle school:
Cedar Grove
High school:
Cedar Grove
Community features: Park
Community features:
Park
Number of units in community:
350
Status: Active
Tomo last checked: 10/05/2024 at 12:30 AM
Listing updated: 10/04/2024 at 6:35 PM
Listed by: Doris Armstrong, LoKation Real Estate, LLC Phone #: (404) 348-0420
MLS: FMLS #7465501
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