3118 Long Blvd 5, Nashville
$994,300 - 4 Beds, 3 Baths, 2,393 Sf
MLS® # 2641122
$1,099,000
1708 8th Ave S, Nashville, TN 37203
4 Beds, 4½ Baths
Compass RE
4 Beds
4½ Baths
2,600 Sqft
.02 Acres
2 Garages
AMAZING Non-Owner Occupied Short Term Rental INVESTMENT OPPORTUNITY! Within a 7 minute straight-shot drive into Downtown Nashville, this unit is Designer Furnished and ready for continued Cash Flow. NOO Permit is in an LLC, and the townhome sits on a commercially zoned lot. Private rooftop decks, 2 car garage, fully turnkey & designed for optimal clickability & memorability with wallpaper, neon signs, etc. Current guests rave about the location, cheap Ubers, fun aesthetic, & ample space for groups of 12 to spread out. Within 10 mins of Broadway, 12 South, the Gulch, Vandy/Belmont, and only 15 mins from the Airport. Would be a great opportunity for those looking to make 1031 / tax purchases. Quickly appreciating asset with room for revenue growth. Will gain value over time as inventory drops and new permit limitations roll out. See attached Proformas. *There are 12 NOO STR units in all. Seller looking to diversify, & would consider selling all 12 units or groupings of units.
Essential Information
MLS® #2599393
Price$1,099,000
Bedrooms4
Bathrooms4.50
Full Baths4
Half Baths1
Square Footage2,600
Acres0.02
Year Built2019
TypeResidential
Sub-TypeTownhouse
StyleContemporary
StatusActive
Community Information
Address1708 8th Ave S
SubdivisionEdge Hill
CityNashville
CountyDavidson County, TN
StateTN
Zip Code37203
Amenities
Parking Spaces2
# of Garages2
Utilities
Electricity Available, Water Available, Cable Connected
Garages
Attached - Rear, Alley Access, Driveway, Paved
Interior
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
# of Stories4
Interior Features
Air Filter, Ceiling Fan(s), Pantry, Smart Thermostat, Walk-In Closet(s), Entry Foyer, High Speed Internet
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Exterior
Lot DescriptionSloped
RoofShingle
ConstructionFrame, Hardboard Siding
Exterior Features
Garage Door Opener, Smart Lock(s), Balcony
School Information
MiddleJohn Trotwood Moore Middle
HighHillsboro Comp High School
Elementary
Waverly-Belmont Elementary School
Additional Information
Contact Info:9013363723
Date ListedJanuary 12th, 2024
Days on Market106
Market Information
Median Sales Price$664,950
Average Days on Market35
# of Properties on Market25
April 28, 9:49 am
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Courtesy of: Taylor King, Compass RE
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Listing information last updated on April 28th, 2024 at 9:39am CDT.
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