EXCLUSIVE INVESTOR OPPORTUNITY! Prime condo with rare, valuable rental permit. Renting at $2, 650 with lease secured until Oct 31, 2024. High potential with a solid 4.89 CAP rate! Seventeenth floor condo with private balcony of all Downtown Nashville has to offer. If you are not looking for a permit, you can buy this condo and have someone pay your mortgage until end of October! TENANTS WILLING TO MOVE OUT UPON PURCHASE. Use 75% ($1, 987.50) of the current rent ($2, 650) to add to your income to help qualify for a loan! So many opportunities in this beautiful high rise condo! Incredible amenities and surrounded by a plethora of restaurants and entertainment. 24-hour concierge. Free Google Fiber included in HOA. Do not miss out on this rare opportunity to snatch a rental permit without having to wait 3-4 years!
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
- Bedroom 1 Dimensions: 16 x 12
- Bedroom 1 Description: Ex. Lg. Closet
Interior Features
- Air Filter
- Ceiling Fan
- Extra Closets
- SMTHR
- Flooring: Carpet, Finished Wood, Tile
Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Range Description: Drop-in
- Range Source: Electric
Kitchen and Dining
- Oven Description: Single Oven
- Oven Source: Electric
- Dining Room Description: Separate
- Dining Room Dimensions: 8 x 7
- Kitchen Description: Eat-In
- Kitchen Dimensions: 15 x 12
Other Rooms
- Basement Features: Slab
- Living Room Dimensions: 14 x 12
- Living Room Description: Combination
- Exercise Room: Yes
Bathrooms
- Full Bathrooms: 1
- Full Bathrooms On Main Level: 1
- Primary Bathroom Features: Sep. Shower/Tub
Exterior and Lot Features
- BALC
- Patio And Porch Features: Patio, Porch
Pool and Spa
- Pool Features: In-Ground Pool
Land Info
- Lot Size Acres: 0.03
- Lot Size Square Feet: 1307
Garage and Parking
- Garage Spaces: 1
- Parking Features: Assigned
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Fitness Center, Pool
- Association Fee: 504
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 504
School Information
- Elementary School: Eakin Elementary
- High School: Hillsboro Comp High School
- Middle School: West End Middle School
Other Property Info
- Annual Tax Amount: 3401
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From Broadway, turn right onto Third Avenue, South. Encore is located on the corner of Third and Demonbreun. Parking garage is located on third across from DGX.
- Source Property Type: Residential
- Area: Encore
- Property Subtype: condo
- Source Neighborhood: Encore
- Subdivision: Encore
- Property Subtype: Highrise Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 810
- Year Built: 2008
- Construction Materials: Insulated Concrete Form
- Living Area Source: Tax Record
- Property Age: 16
- Levels or Stories: 1.00
- Total Area Main: 810
- Year Built Details: Existing
Utilities
- Sewer: PUSEW
- Water Source: City Water