240 Wellington St SW
Atlanta, GA 30314
7 Beds3 Baths4,252 Sq Ft63 Days on Market
Listing Agent & Comments
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!
MLS# 10527310 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 4,252 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 13 |
Bedrooms | 7 |
Bathrooms | 3 |
Stories | 2 |
Year Built | 1938 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $7,215 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$498,243
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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240 Wellington St SW, Atlanta, GA 30314
Multifamily7 Beds3 Baths4,252 Sq Ft63 Days on Market
Listing Agent & Comments
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!
MLS# 10527310 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 4,252 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 13 |
Bedrooms | 7 |
Bathrooms | 3 |
Stories | 2 |
Year Built | 1938 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $7,215 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by GAMLS.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
240 Wellington St SW
Atlanta, GA 30314
7 Beds3 Baths4,252 Sq Ft63 Days on Market
Listing Agent & Comments
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!
MLS# 10527310 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 4,252 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 13 |
Bedrooms | 7 |
Bathrooms | 3 |
Stories | 2 |
Year Built | 1938 |
Property Type | Multifamily |
Zoning | R4 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $7,215 |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$498,243
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard