1. Georgia
2. Atlanta
3. 240 Wellington Street SW

240 Wellington Street SW, Atlanta, GA 30314

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!

Listing Status:

Active

Date Added:

May 23, 2025 at 05:00AM

Listing Office:

Purser Realty : 470-984-1234

Listing Agent:

Jami Purser : 470-718-1234

MLS ID:

10527310

Interior

• Laundry: In Unit
• Basement: None
• A/C: Central Air
• Heating: Central
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jami Purser, Purser Realty