240 Wellington St., Atlanta, GA 30314

240 Wellington St., Atlanta, GA 30314
Photo 1 of 50
$457,647
Beds Baths Sq. Ft. Taxes Built
9 3.00 4,550 $6,228 1938
On the market: 2 days
Other active MLS# for this property: 7670892

Est. Monthly Payment:

$3,259($2,740 + $519 taxes*)

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Calling All Investors! Located in the sought-after Historic Mozley Park neighborhood, this spacious 4,550 square foot 1938 home sits on a .30-acre lot and is bursting with potential. Currently configured with 9 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!
Listing courtesy of Jami Purser, Purser Realty, LLC