$377,000
$389,900
3.3%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
575 SqFt
SOLD DATE : 02/20/2024
Key Details
Sold Price $377,000
Property Type Condo
Sub Type Flat Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 575 sqft
Price per Sqft $655
Subdivision South Square
MLS Listing ID 2612649
Sold Date 02/20/24
Bedrooms 1
Full Baths 1
HOA Fees $135/mo
HOA Y/N Yes
Year Built 1985
Annual Tax Amount $2,959
Lot Size 871 Sqft
Acres 0.02
Property Description
Welcome to the heartbeat of "Nashville Living" on iconic Music Row! This one-bedroom condo, currently operating as a thriving short-term rental/AirBnB, comes with over six years of proven rental success, making it not just a property but a lucrative business opportunity. Gross rents exceeding $35,000 annually in both 2022 and 2023. This turnkey investment is being sold fully furnished, allowing for a seamless transition for the new owner. The impressive rental history provides a solid foundation for investors, assuring continued success in the short-term rental market. Enjoy the convenience of minimal HOA fees, and the added benefit of an assigned parking spot, along with free street parking. Don't miss your chance to own a piece of Music City's real estate that not only offers a comfortable living space but also serves as a reliable income generator. Pro Forma attached.
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 1
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace N
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Exterior Feature Smart Camera(s)/Recording
Utilities Available Water Available
Waterfront false
View Y/N false
Parking Type Alley Access, Assigned, Parking Lot
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Eakin Elementary
Middle Schools West End Middle School
High Schools Hillsboro Comp High School
Others
HOA Fee Include Exterior Maintenance,Maintenance Grounds,Trash,Water
Senior Community false
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