609 51st Ave, N

Nashville, TN 37209

4 beds - 4 baths - 2,031.00 sqft - acres

MLS Updated 13 minutes ago - MLS #: 2633141

Active

$899,900.00

Est. Mortgage $4,343.32 - First on site 1 month ago

About

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 Info

Location Information

  • Latitude: 36.1546193
  • Longitude: -86.8489551
  • Subdivision: Beacon
  • Directions: From downtown, take I-40W to Delaware Ave. Take Exit 205 for 46th Ave N, merge onto Delaware Ave, right onto 51st Ave N, house is on the left.

Interior Features

  • Bedroom 1 Dimensions:
  • Bedroom 2 Dimensions:
  • Bedroom 3 Dimensions:
  • Bedroom 4 Dimensions:
  • Interior: Ceiling Fan(s)
  • 1/2 Baths: 2
  • Dining Room Description: ,
  • Den: ,
  • Living Room Description: ,
  • Kitchen Description: ,
  • Has Fireplace: NO
  • Number of Fireplaces:
  • Heating: Central
  • Cooling: Central Air,Electric
  • Floors: Other,Tile
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator
  • Basement Description: Slab

Exterior Features

  • Style:
  • Stories: 3
  • Is New Construction: YES
  • Construction: Fiber Cement,Brick
  • Exterior:
  • Septic or Sewer: Public Sewer
  • Water: Public
  • Has Garage: NO
  • Garage Spaces: 0
  • Attached Garage: NO
  • Fencing: Partial
  • Patio / Deck Description: Deck
  • Has a Pool: NO
  • Pool Description:
  • Lot Description: Level
  • Lot Size in Acres:
  • Waterfront: NO

School Info

  • Elementary School: Cockrill Elementary
  • Junior High School: Moses McKissack Middle
  • High School: Pearl Cohn Magnet High School

Additional Information

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2024
  • Tax Amount: $7,728.00
  • Listing Office: PARKS
  • Listing Agent: Deborah Vahle

Based on information submitted to the MLS GRID as of 2024-05-05T20:31:12+00:00. 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 more information