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540 Weakley Ave

Nashville, TN 37207
  • $1,750,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: RTC2759881
Price Reduced
$1,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,861
    SQFT
  • $940
    $/SQFT
Type:
Multi-Family
Built:
2019
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Real Broker, (615) 760-5393). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Real Broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-11T00:05:41.253.

Based on information submitted to the MLS GRID as of 2024-12-11T00:05:41.253. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.nashvilleonthemove.com/homes/157875112
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540 Weakley Ave Nashville, TN 37207

  • Price: $1,750,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: RTC2759881
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,861
SQFT
$940
$/SQFT
2019
Built
Neighborhood:
Homes At 1133 Baptist World Center
County:
Davidson
Elementary School:
Alex Green Elementary
Middle School:
Haynes Middle
High School:
Whites Creek High
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.
Exterior Features

Attached Garage YN Yes Carport YN No Construction Materials Fiber CementWood Siding Covered Spaces 2 Garage YN Yes Levels One Parking Features Attached - Rear Parking Total 2 View City View YN Yes Waterfront YN No

Interior Features

Above Grade Finished Area 1861 Cooling Central AirElectric Cooling YN Yes Fireplace YN No Flooring Finished WoodTile Heating CentralElectric Heating YN Yes

Property Features

Association YN No Building Area Total 1861 Gross Income 168000 Inclusions APPLNFURN Laundry Features IndividualElectric Dryer HookupWasher Hookup Net Operating Income 168000 New Construction YN No Operating Expense 0 Owner Pays ElectricityWater Pool Private YN No Property Attached YN Yes Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Stories 3 Tax Annual Amount 11000 Total Actual Rent 168000 Water Source Public Year Built Details EXIST Zoning Multi-Use

Realtracs Solutions logo Offered by Hive Nashville LLC: 6156134461. Copyright 2024 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Real Broker, (615) 760-5393). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Real Broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-11T00:05:41.253.

Based on information submitted to the MLS GRID as of 2024-12-11T00:05:41.253. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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