$120,000
Pending

1301 WALDROP

Decatur, GA 30034
3 beds | 2 baths | 0.02 acres | #7465501
Browse 6 photos
Type:Purchase
Structure:Condo
Zone:Residential

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.

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Bedrooms on Main Level3
  • Property Details
      • ViewTrees/Woods
      • Exterior MaterialsLighting
      • Lot DescriptionLevel
    • Measurements
      • Acres0.023
    • Parking
      • Parking FeaturesAssigned
  • Construction Details
      • StyleMid-Rise (up to 5 stories)
      • Property TypePurchase
    • Condition
      • Year Built2006
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Available, Sewer Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWaldrop Park
    • Location
      • Elementary SchoolOak View - DeKalb
      • Middle SchoolCedar Grove
      • High SchoolCedar Grove
      • CountyDekalb - GA
  • Financial Details
      • Original List Price$120,000
      • Taxes Annual$1,831
    • HOA
      • Hoa Fees225
  • Other
      • MLS #7465501

Location

Dahl House RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00