Engel & Völkers Atlanta

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$ 420,000

$ 457,647 8.2%

Est. payment -/mo

Sold on 12/30/2025

240 wellington ST Atlanta, GA 30314

9 Beds

3 Baths

4,550 SqFt

UPDATED:

Key Details

Sold Price $420,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $92

MLS Listing ID 7670892

Style Victorian

Bedrooms 9

Full Baths 3

Year Built 1938

Annual Tax Amount $6,228

Tax Year 2024

Lot Size 0.300 Acres

Property Sub-Type Single Family Residence

Property Description

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!