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240 Wellington Street SW

Atlanta, GA 30314
  • $499,484
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 10527310
UPDATED: 35 min ago
$499,484
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2025-07-07T22:10:38.63.
www.c21novusrettrogroup.com/homes/164142272
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240 Wellington Street SW Atlanta, GA 30314

  • Price: $499,484
  • Status: Active
  • On Site: 44 Days
  • Updated: 35 min ago
  • MLS #: 10527310
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1938
Built
Neighborhood:
None
County:
Fulton
Area:
ATLANTA
Elementary School:
F L Stanton
Middle School:
J. L. Invictus Academy
High School:
Douglass
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!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BlockBrick Garage YN No Levels Two Lot Size Area 13068 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Laundry Features In Unit Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Listing Terms Cash New Construction YN No Property Condition Fixer Property Sub Type Multi Family Sewer Public Sewer Structure Type House Tax Annual Amount 6228 Tax Year 2024 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Purser Realty: 470-984-1234. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2025-07-07T22:10:38.63.
 
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Rettro Group | Century 21 Novus
537 Newnan Road
Carrollton GA, 30117