Homes for sale - 540 Weakley Ave, Nashville, TN 37207

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Preston Earnest

preston@earnestlyestates.com +1(615) 967-7697

Listed by Michael Gomez • Hive Nashville LLC

$ 1,750,000

Est. payment | -/mo

1,861 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

1,861 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,861 sqft

Price per Sqft $940

Subdivision Homes At 1133 Baptist World Center

MLS Listing ID 2759881

HOA Y/N No

Year Built 2019

Annual Tax Amount $11,000

Property Description

Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6!!! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total) the estimated gross revenue is $168,000 ($84,000 per unit × 2). Total expenses amount to $45,428 ($22,714 per unit × 2), which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $122,572 after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.

Location

State TN

County Davidson County

Zoning Multi-Use

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Finished Wood, Tile

Fireplace N

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available, Water Available

View Y/N true

View City

Private Pool false

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Fiber Cement,Wood Siding

New Construction false

Schools

Elementary Schools Alex Green Elementary

Middle Schools Haynes Middle

High Schools Whites Creek High

"It is my job to help you. Don't hesitate to reach out."

+1(615) 967-7697

preston@earnestlyestates.com

900 Bedford Place, Columbia, Tennessee, 38401, USA

540 Weakley Ave Nashville, TN 37207