About 240 Wellington Street Sw
Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 10 bedrooms and 3 bathrooms, this property has operated as a successful rent-per-room investment for the past 16 years. Originally a triplex (last used as such in 2009), each unit featured 3 bedrooms and 1 bathroom-making this an ideal candidate for conversion back to a multi-family setup with the proper zoning variance. Though in the historic Mozley Park area, this property is NOT located in a historic preservation zone, giving buyers more flexibility for renovations and development. The neighborhood has seen significant upward growth over the past 3 years, with beautifully renovated homes appearing daily-and its close proximity to the Atlanta BeltLine only adds to the appeal and long-term value. Whether you're looking to restore it as a grand single-family home, reconfigure it as a profitable triplex, or continue its use as a high-yield rental, this is an opportunity you don't want to miss. Currently tenant-occupied, and ready for its next chapter with a little vision and TLC!
Features of 240 Wellington Street Sw
MLS® # | 10578867 |
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Price | $457,647 |
Bathrooms | 0.00 |
Acres | 0.30 |
Year Built | 1938 |
Type | Residential Income |
Status | Price Change |
Basement | Yes |
Community Information
Address | 240 Wellington Street Sw |
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Subdivision | none |
City | Atlanta |
County | Fulton |
State | GA |
Zip Code | 30314 |
Amenities
Utilities | Sewer Connected |
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Parking | None |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Central, Electric |
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Cooling | Ceiling Fan(s), Central Air, Electric |
Has Basement | Yes |
Basement | Crawl Space |
Fireplace | No |
Stories | Two |
Exterior
Construction | Concrete, Block |
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School Information
Elementary | F L Stanton |
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Middle | J. L. Invictus Academy |
High | Douglass |
Additional Information
Days on Market | 69 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Purser Realty |
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