240 wellington Street, Atlanta, GA 30314 (MLS # 7670892)
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!
Property Type(s):
Single Family
|
Last Updated
|
10/23/2025
|
Tract
|
none
|
|
Year Built
|
1938
|
County
|
Fulton
|
SCHOOLS
| Elementary School |
F. L. Stanton |
| Jr. High School |
John Lewis Invictus Academy/Harper-Archer |
| High School |
Frederick Douglass |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater, Microwave, Refrigerator |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Block, Cement Siding, Concrete |
| HEAT |
Central, Electric |
| INTERIOR |
Crown Molding, Entrance Foyer |
| LOT |
0.3 acre(s) |
| LOT DESCRIPTION |
Corner Lot |
| LOT DIMENSIONS |
0 |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Victorian |
| SUBDIVISION |
none |
| TAXES |
6228 |
| UTILITIES |
Electricity Available, Sewer Available, Water Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Other |
| WATER |
Public |
| WATER ACCESS |
None |
Listing provided courtesy of Purser Realty, LLC
Location
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Data last updated: 11/3/25 12:49 AM PST.
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