Viewing Listing MLS# 407097391
Decatur, GA 30034
- 3Beds
- 2Full Baths
- N/AHalf Baths
- N/A SqFt
- 2006Year Built
- 0.02Acres
- MLS# 407097391
- Residential
- Condominium
- Pending
- Approx Time on Market1 month, 10 days
- AreaN/A
- CountyDekalb - GA
- Subdivision Waldrop Park
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 finda 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 propertys 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.
Association Fees / Info
Hoa Fees: 225
Hoa: Yes
Hoa Fees Frequency: Monthly
Hoa Fees: 225
Community Features: Dog Park, Homeowners Assoc, Public Transportation, Park
Hoa Fees Frequency: Monthly
Association Fee Includes: Maintenance Structure
Bathroom Info
Main Bathroom Level: 2
Total Baths: 2.00
Fullbaths: 2
Room Bedroom Features: None
Bedroom Info
Beds: 3
Building Info
Habitable Residence: No
Business Info
Equipment: None
Exterior Features
Fence: None
Patio and Porch: None
Exterior Features: Lighting
Road Surface Type: Asphalt
Pool Private: No
County: Dekalb - GA
Acres: 0.02
Pool Desc: None
Fees / Restrictions
Financial
Original Price: $120,000
Owner Financing: No
Garage / Parking
Parking Features: Assigned
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Fire Alarm, Smoke Detector(s)
Fireplace Features: None
Levels: One
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Laundry Features: In Hall
Interior Features: Other
Flooring: Luxury Vinyl
Spa Features: None
Lot Info
Lot Size Source: Public Records
Lot Features: Level
Lot Size: 0x0
Misc
Property Attached: Yes
Home Warranty: No
Open House
Other
Other Structures: None
Property Info
Construction Materials: Vinyl Siding
Year Built: 2,006
Property Condition: Resale
Roof: Composition
Property Type: Residential Attached
Style: Mid-Rise (up to 5 stories)
Rental Info
Land Lease: No
Room Info
Kitchen Features: None
Room Master Bathroom Features: Tub/Shower Combo
Room Dining Room Features: Open Concept
Special Features
Green Features: None
Special Listing Conditions: Real Estate Owned
Special Circumstances: Owner/Agent
Sqft Info
Building Area Total: 1292
Building Area Source: Public Records
Tax Info
Tax Amount Annual: 1831
Tax Year: 2,023
Tax Parcel Letter: 15-071-05-009
Unit Info
Num Units In Community: 350
Utilities / Hvac
Cool System: Central Air
Electric: None
Heating: Electric, Forced Air
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
I-285 W, take exit 48 for GA-155 S,turn left onto GA-155 S/ Flat shoals Rd., go for 1 mile then turn right onto Warriors Path.then turn right onto Waldrop lane, right on Kingswood glen, left onto Waldrop Trail, then right onto Waldrop Pl., property is on the leftListing Provided courtesy of Lokation Real Estate, Llc
MLS# 409378780 
