240 Wellington Street Sw, Atlanta, GA

$457,647

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0.30

Acres

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
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
Subdivision none
City Atlanta
County Fulton
State GA
Zip Code 30314

Amenities

Utilities Sewer Connected
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Has Basement Yes
Basement Crawl Space
Fireplace No
Stories Two

Exterior

Construction Concrete, Block

School Information

Elementary F L Stanton
Middle J. L. Invictus Academy
High Douglass

Additional Information

Days on Market 69
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePurser Realty

Listing Map

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