Investors, here's your opportunity to own the rare 2BR/2BA unit in NOO SHORT-TERM RENTAL building ILLUME, for the best price you'll ever see here again! 1 BR Illume units are for sale often, but only four 2BR Illume units have been for sale in the last 3 years! Illume units can be managed by Vacasa, Grand Welcome, or an owner can self-manage. Features: CORNER UNIT, 10' ceilings, Pella windows, secure building access, courtyard pool/lounging area, grilling area, dog walk, fitness center. Prime location on the edge of downtown in Gulch View. Walking distance to all the Gulch hotspots, shopping, dining and about one mile from Broadway Ave entertainment. Sold fully furnished and turnkey, including all kitchen appliances, washer/dryer, furnishings and stocking items. This unit grossed $125k in 2022 at 77% occupancy (14.7% gross yield ). The purchase includes two deeded parkings spaces in the secure, gated parking garage.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
- Bedroom 1 Dimensions: 13 x 13
- Bedroom 2 Dimensions: 13 x 13
- Bedroom 1 Description: Walk-in Closet
- Bedroom 2 Description: Bath
Interior Features
- Air Filter
- Elevator
- HICEI
- SMTHR
- Walk-In Closets
- Flooring: Tile, Vinyl
Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Range Description: Stove
- Range Source: Electric
Kitchen and Dining
- Oven Description: Single Oven
- Oven Source: Electric
- Kitchen Description: Eat-In
- Kitchen Dimensions: 13 x 10
Bathrooms
- Full Bathrooms: 2
- Full Bathrooms On Main Level: 2
- Primary Bathroom Features: Shower Only
- Primary Bathroom Description: Double Vanities
Other Rooms
- Living Room Dimensions: 15 x 12
- Living Room Description: Combination
- Exercise Room: Yes
Exterior and Lot Features
- BALC
- Gas Grill
- SMLK
- Patio And Porch Features: Deck
Pool and Spa
- Pool Features: In-Ground Pool
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 871
Garage and Parking
- Garage Spaces: 2
- Parking Features: Assigned
Homeowners Association
- Association: Yes
- Association Amenities: Fitness Center, Pool
- Association Fee: 526
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 526
School Information
- Elementary School: Waverly-Belmont Elementary School
- High School: Hillsboro Comp High School
- Middle School: John Trotwood Moore Middle
Other Property Info
- Annual Tax Amount: 7241
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From 8th Ave. S., turn west on South St. and the Illume building is ahead on the right.
- Source Property Type: Residential
- Area: Illume
- Property Subtype: condo
- Source Neighborhood: Illume
- Subdivision: Illume
- Property Subtype: Flat Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1075
- Year Built: 2019
- Construction Materials: Fiber Cement
- Living Area Source: Tax Record
- Property Age: 5
- Roof: Membrane
- Levels or Stories: 1.00
- House Style: Contemporary
- Total Area Main: 1075
- Year Built Details: Existing
Utilities
- Sewer: PUSEW
- Water Source: City Water