Atlanta, GA 30314,240 Wellington ST SW
Atlanta, GA 30314,240 Wellington ST SW
Atlanta, GA 30314,240 Wellington ST SW
Atlanta, GA 30314,240 Wellington ST SW
Atlanta, GA 30314,240 Wellington ST SW
Atlanta, GA 30314,240 Wellington ST SW
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$ 504,765
Est. payment | /mo

0.3 Acres Lot


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$ 504,765
Est. payment | /mo
Save

0.3 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7583915

Construction Status Fixer

HOA Y/N No

Year Built 1938

Annual Tax Amount $6,228

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

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!

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Wood Frames

Exterior

Parking Features None

Fence Back Yard, Privacy

Community Features None

Utilities Available Electricity Available, Water Available

Waterfront Description None

View City, Neighborhood

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Corner Lot

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Brick

New Construction No

Construction Status Fixer

Schools

Elementary Schools F.L. Stanton

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 014100090952

Acceptable Financing Cash, 1031 Exchange, Conventional

Listing Terms Cash, 1031 Exchange, Conventional

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Purser Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(404) 641-4129

jrdicke0628@gmail.com

823 Virginia Park Circle Northeast, Atlanta, Georgia, 30306, USA

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240 Wellington ST SW