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.
CondoProperty Type
2006Year Built
1,001 sq ftLot Size
$69Est. Price/Sq.Ft.
1 spaceParking
Listed by Doris Armstrong• Lokation Real Estate LLC
Bought with Shaneka McAndrews• Keller Williams Realty
Great deal on this move-in ready condo-just unpack and enjoy the carefree lifestyle. Great location. Super value. This one will go quick. SOLD AS-IS. NO DISCLS. SELLER CHOOSES CLS ATTY. CALL 4-INS.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
DeKalb County
APN
15-0071-05-009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 7, 2023.
MR-2
SOAP
Medium Density Residential-2 District
The purpose and intent of the board of commissioners in establishing the MR-2 (Medium Density Residential-2) District is as follows: To encourage primarily residential, planned developments that allow accessory retail, office, institutional, and civic uses; To provide for residential neighborhoods with a mix of single-family and multi-family housing types that maintain harmony of scale, intensity, and design with surrounding development; To provide for connectivity of streets and communities and reduce the dependence on automobile uses by increasing the ease of movement and opportunities for alternative modes of travel; To implement the future development map of the county's most current comprehensive plan; To provide districts that allow appropriate development transitions within the edges and transitional areas of the Town Center and Regional Center character areas.
Zone overlays
Soapstone Historic Overlay
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Mixed use
Library
Museum / gallery
Communications tower
Property details
Parking
Parking Information
Parking Total: 1
Parking Features: Assigned
Interior
Virtual Tour
Virtual Tour URL Branded: https://www.propertypanorama.com/1301-Waldrop-Decatur-GA-30034/unbranded
Virtual Tour URL Unbranded: https://www.propertypanorama.com/1301-Waldrop-Decatur-GA-30034/unbranded
Bathroom Information
Bathrooms Total Integer: 2
Bathrooms Total Decimal: 2
Bathrooms Full: 2
Main Level Bathrooms: 2
Bedroom Information
Bedrooms Total: 3
Main Level Bedrooms: 3
Heating & Cooling
Has Heating
Heating: Electric, Forced Air
Has Cooling
Cooling: Central Air
Interior Features
Interior Features: Other
Living Area: 1292
Living Area Units: Square Feet
Living Area Source: Public Records
Above Grade Finished Area: 1292
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area: 0
Below Grade Finished Area Units: Square Feet
Levels: One
Appliances: Dishwasher, Electric Water Heater, Refrigerator
Laundry Features: In Hall
Flooring: Vinyl
Fireplaces Total: 0
Room Information
Basement: None
Room Types: Other
Exterior
Exterior Features
Roof: Composition
Construction Materials: Vinyl Siding
Window Features: Double Pane Windows
Property Information
Property Condition: Resale
Property Attached YN: Is Attached
Property Type: Residential
Property Sub Type: Condominium
Electric On Property YN: Yes
Structure Type: Mid Rise
Section: 04
Land Information
Land Lot: R3
Lot Information
Lot Size Area: 1001.88
Lot Size Units: Square Feet
Lot Size Square Feet: 1001.88
Lot Size Acres: 0.023
Lot Size Source: Public Records
Lot Features: None
Plat Page: 0073
Building Information
Year Built: 2006
Building Area Total: 1292
Building Area Units: Square Feet
Building Area Source: Public Records
Financial
Tax Information
Parcel Number: 15 071 05 009
Tax Annual Amount: 1831
Tax Year: 2023
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
Location
HOA Information
Has Association
Association Fee: 225
Association Fee Includes: Maintenance Grounds, Maintenance Structure
School Information
Elementary School: Oak View
Middle Or Junior School: Cedar Grove
High School: Cedar Grove
Location Information
Unparsed Address: 1301 WALDROP Place # 1301, Decatur GA 30034
Unit Number: 1301
City: Decatur
County Or Parish: DeKalb
State Or Province: GA
PostalCode: 30034
Country: US
District: 04
Subdivision Name: Waldrop Park
Coordinates: -84.263039,33.684403
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 left
Community Information
Community Features: Park
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: DeKalb County
APN: 15-0071-05-009
Home facts updated by county records on Apr 7, 2023
Other
Miscellaneous Information
Photos Count: 7
Listing Information
Special Listing Conditions: Agent Owned
List Price: 120000
Search Price: 110000
Close Price: 110000
Listing Id: 10390221
Original List Price: 120000
Listing Date Information
On Market Date: 2024-10-04
Close Date: 2024-11-27
Due Diligence Date: 2024-11-11
Listing Contract Date: 2024-10-04
Purchase Contract Date: 2024-11-06
Off Market Date: 2024-11-06
Around this home
Schools
Oakview Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Cedar Grove Middle School
Public 6-8 • Assigned • 1.9mi
3/10
Cedar Grove High School
Public 9-12 • Assigned • 1.9mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...