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Listed by Michael Gomez • Hive Nashville LLC
$1,750,000
Est. payment /mo
1,861 SqFt
UPDATED:
11/30/2024 01:43 PM
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
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