Status: New
240 Wellington St SW
Atlanta, GA 30314
$457,647
------/mo*
CalculateCalling 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!
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- Bedrooms
- 9
- Baths
- 3
- House Size
- 4,550 sqft
- Year Built
- 1938
- Lot Size
- 0.3 ac
Location
Market Insights
In the last 30 days, homes for sale in 30314, Atlanta, GA were on the market for a median of 46 days and 0% of homes sold above list price.
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Get StartedInterior Information
- appliances
- Electric Water Heater
- Microwave
- Refrigerator
- basement
- Crawl Space
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- features
- Entrance Foyer
- flooring
- Carpet
- Laminate
- heating
- Central
- Electric
- laundry features
- Laundry Room
- Other
Exterior Information
- patio and porch
- Porch
- roof
- Composition
Property Information
- architectural style
- Victorian
- community
- None
- construction
- Block
- Concrete
- lot
- Corner Lot
- parking
- None
- security features
- Smoke Detector(s)
- sewer
- Public Sewer
- subdivision name
- None
- utilities
- Sewer Connected
- water source
- Public
- Listed By Jami Purser
- jami@purserteam.com
- (470) 984-1234
- Purser Realty
- (470) 984-1234
- broker@purserrealty.com
- MLS 10629582
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2023 | $7,215 (+21.1%) | $187,500 | $248,200 | $435,700 (+21.1%) |
| 2022 | $5,960 (+28.6%) | $108,500 | $251,400 | $359,900 (+57.9%) |
| 2021 | $4,635 (0%) | $75,400 | $152,500 | $227,900 (+60.4%) |
| 2020 | $4,635 | $55,900 | $86,200 | $142,100 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$3,213
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,411
- Property Taxes
- $601
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
