Atlanta, GA 30314,240 wellington ST
Atlanta, GA 30314,240 wellington ST
Atlanta, GA 30314,240 wellington ST
Atlanta, GA 30314,240 wellington ST
Atlanta, GA 30314,240 wellington ST
Atlanta, GA 30314,240 wellington ST
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$ 478,464
Est. payment | /mo

0.3 Acres Lot


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$ 478,464
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 7629838

Construction Status Resale

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

Area None

Lake Name None

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Vinyl

Window Features Wood Frames

Exterior

Parking Features None

Fence Privacy

Community Features Near Beltline, Near Public Transport, Near Trails/Greenway, Sidewalks, Street Lights

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Brick,Concrete

Construction Status Resale

Schools

Elementary Schools F.L. Stanton

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

First Multiple Listing Service(FMLS)
Listed by Purser Realty, LLC

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240 wellington ST