1301 Waldrop Pl, Unit 1301

Decatur, GA 30034

$110,000
Last Sold Price
3
Beds
1,292 Sq. Ft.
$85 / Sq. Ft.
1,292
Sq. Ft.
$85
per Sq. Ft.
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Sold 11/27/24
Sold 11/27/24

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...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.
  1. Listed by Doris Armstrong • Lokation Real Estate LLC

Property Details for 1301 Waldrop Place, Unit 1301

Subdivision
Waldrop Park
Style
Other
Fees Include
Maintenance Grounds, Maintenance Exterior
Parking
Assigned
LISTING CLOSED: 11/27/2024 05:00 AM

Property Details for 1301 Waldrop Place, Unit 1301

StatusSold
MLS #10390221
Days on Market33
Pet Policy-
Taxes$1,831 / year
HOA Fees$225 / year
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built2006
CountyDeKalb County
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Location

Listing Courtesy of Lokation Real Estate LLC, Doris Armstrong

Sold By Keller Williams Realty, Shaneka McAndrews

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Building Information for 1301 Waldrop Place, Unit 1301

Building/Complex1301 Waldrop PlFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built2006

Payment Calculator

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$730 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$153

HOA Dues

$19

The Payment Calculator is for illustrative purposes only.

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Property Information for 1301 Waldrop Place, Unit 1301

Summary
Location and General Information
  • District: 04
  • Elementary School: Oak View
  • High School: Cedar Grove
  • Middle School: Cedar Grove
  • Amenities: Park
  • 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
  • Lot Description: None
Taxes and HOA
  • Association: Yes
  • Parcel Number: 15 071 05 009
Parking
  • Parking Total: 1
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • BAF Lower: 0
  • BAF Main: 2
  • BAF Upper: 0
  • BAH Lower: 0
  • BAH Main: 0
  • BAH Upper: 0
  • BR Lower: 0
  • BR Main: 3
  • BR Upper: 0
  • Interior: Other
  • Rooms: Other
  • Laundry Features: In Hall
  • Basement Description: None
  • Appliances: Dishwasher, Electric Water Heater, Oven/Range (Combo), Refrigerator
  • Flooring: Vinyl
  • Window Features: Double Pane Windows
Exterior Features
  • Roof Type: Composition
Property
Utilities
  • Cooling: Central Air
  • Heating Type: Electric, Forced Air
  • Water/Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Below Grade Finished: 0
  • Construction: Vinyl Siding
  • Stories: One
  • Plat Page: 0073
  • Leased Land: No
  • Property Condition: Resale
  • Plat Book: 0144
Lot Information
  • Block: 7
  • Land Lot: R3
  • Section: 04
  • Above Grade Finished: 1292

Schools near 1301 Waldrop Place, Unit 1301

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Oakview Elementary School
Public - PK to 5
Cedar Grove Middle School
Public - 6 to 8
Cedar Grove High School
Public - 9 to 12
East Dekalb Special Education Center
Public - PK to 12
Rating
School
Distance
Oakview Elementary School
PublicPK to 5

Cedar Grove Middle School
Public6 to 8

Cedar Grove High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Lokation Real Estate LLC, Doris Armstrong

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.