540 Weakley Ave
Nashville, TN 37207
1861 sqft | #2759881
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.
Property Details
- Utility FeaturesElectricity Available, Water Available
- SubdivisionHomes At 1133 Baptist World Center
- Elementary SchoolAlex Green Elementary
- CountyDavidson County, TN
- Property SubtypeResidential Income
- High SchoolWhites Creek High
- Middle SchoolHaynes Middle
- Sewer InformationPublic Sewer
- Original List Price$1,700,900
- Property TypePurchase
- Taxes Annual$11,000
- MLS #2759881
- Cost1750000
- MLS #2759881
- Utility SourcePublic
- Structure TypeDuplex
- ViewCity
- Square Feet1861
- Year Built2019
- Parking Spaces2
Location
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Michael Gomez (#RTC35246)
Listing Office: Hive Nashville LLC (#RTC5177)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.