Turn key investment opportunity in walkable East Nashville expected to gross $120k this year! This exceptional short-term rental property is a Nashville Guest Favorite on AirBnB, with proven revenue and a 4.98 Star rating. Jolene on Main is nestled just moments away from the future East Bank development, providing significant unrealized gains. This professionally designed Dolly-themed has everything. From tri-level custom bunk beds to the wallpaper used in the Beverly Hills Hotel - no detail was overlooked. This unit has consistently exceeded proforma projections, and those numbers will only increase with time. Also, a completed cost segregation study (enabling the buyer to optimize tax benefits) presents a rare opportunity to maximize investment returns. Already booked through June 2024 with premiere management in place, you can start making money as soon as you close! Property and NOOSTR permit are held in a single LLC. Building is zoned MUG and openly allows to short term rental.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
- Bedroom 1 Dimensions: 12 x 10
- Bedroom 2 Dimensions: 11 x 10
- Bedroom 3 Dimensions: 11 x 10
- Bedroom 1 Description: Suite
- Bedroom 2 Description: Bath
Interior Features
- Elevator
- ENTRY
- HICEI
- Redecorated
- Flooring: 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
- Kitchen Description: KTCIS
- Kitchen Dimensions: 12 x 12
Other Rooms
- Basement Features: Slab
- Extra Room-1 Dimensions: 9 x 9
- Living Room Dimensions: 16 x 12
- Extra Room-1 Description: Office
- Living Room Description: Combination
Bathrooms
- Full Bathrooms: 3
- Full Bathrooms On Main Level: 3
- Primary Bathroom Features: Shower Only
- Primary Bathroom Description: Suite
Exterior and Lot Features
Land Info
- Lot Size Acres: 0.04
- Lot Size Square Feet: 1742
Garage and Parking
- Garage Spaces: 1
- Parking Features: Unassigned
Homeowners Association
- Association: Yes
- Association Fee: 710
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 710
School Information
- Elementary School: Ida B. Wells Elementary
- High School: Stratford STEM Magnet School Upper Campus
- Middle School: Stratford STEM Magnet School Lower Campus
Other Property Info
- Annual Tax Amount: 8102
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From I40W, take exit 211B to merge onto I-24 W toward I-65 N, Take exit 47A for E Spring St, turn left onto Main St, turn left onto Neil St to get to the garage.
- Source Property Type: Residential
- Area: Jolene On Main
- Property Subtype: condo
- Source Neighborhood: Jolene On Main
- Subdivision: Jolene On Main
- Property Subtype: Flat Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1171
- Year Built: 2022
- Construction Materials: Insulated Concrete Form
- Living Area Source: Professional Measurement
- Property Age: 2
- Levels or Stories: 1.00
- Total Area Main: 1171
- Year Built Details: Existing
Utilities
- Sewer: PUSEW
- Water Source: City Water