$899,900
$25.1k
609 51st Ave N, Nashville, TN 37209
- 4Beds
- 5Baths
- 2031SqFt
- 4Beds
- 5Baths
- 2031SqFt
- Property TypeTownhouse
- Year Built2024
- HOA Fees$150/mo
- Price per Sqft$443
- On highrises54 Days
- Garage1 Car
Property Details
Attention Investors--Selling for under appraised value--instant equity. This unit appraised for over $1M. Proforma numbers that actually pencil out--see attached proformas. Non-owner-occupied short term rental permit-eligible (NOO STR). Projecting $130, 000+ average gross revenue per unit, that's just over $10, 800/month. With a lender and seller incentive making monthly mortgage payments around $5100/month, there is room for some great profit on these! The Nations is a popular spot for Nashville tourists and residents alike. It's a prime location just 10 mins or less from downtown, and walkable to outstanding, local coffee shops, taprooms, restaurants, and more. Bonus room acts like a 5th bedroom--more beds means more income. Below the rooftops, you'll find more outdoor space on the third floor balcony and ground level courtyard. Seller is offering 3% credit to Buyer. Can be used towards lender incentive or however the Buyer chooses.
Property Features
Bedrooms
- Bedrooms: 4
- Bedrooms On Main Level: 3
- Bedrooms On Level 2: 1
- Bedroom 1 Dimensions: 14 x 13
- Bedroom 2 Dimensions: 12 x 11
- Bedroom 3 Dimensions: 10 x 10
- Bedroom 4 Dimensions: 10 x 12
- Bedroom 1 Description: Full Bath
- Bedroom 2 Description: Bath
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Deborah Vahle
- Brokered by:
- Parks Realty
- (615) 392-1418