540 Weakley Ave
Nashville, TN 37207
beds - 0 baths - 1,861.00 sqft - acres
MLS Updated 23 minutes ago - MLS #: 2759881
Active
$1,700,900.00
Est. Mortgage $8,209.30 - First on site 1 week ago
About
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 Info
Location Information
- Latitude: 36.1965559
- Longitude: -86.7823167
- Subdivision: Homes At 1133 Baptist World Center
- Directions: From Downtown - I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike, right on fern and then left on Weakley. OR from Jefferson St, left on WBC then right on Weakley. 6 units on the corner - 2 buidings
Interior Features
- Bedroom 1 Dimensions:
- Bedroom 2 Dimensions:
- Bedroom 3 Dimensions:
- Bedroom 4 Dimensions:
- Interior:
- 1/2 Baths:
- Dining Room Description: ,
- Den: ,
- Living Room Description: ,
- Kitchen Description: ,
- Has Fireplace: NO
- Number of Fireplaces:
- Heating: Central,Electric
- Cooling: Central Air,Electric
- Floors: Finished Wood,Tile
- Appliances:
- Basement Description:
Exterior Features
- Style:
- Stories: 3
- Is New Construction: NO
- Construction: Fiber Cement,Wood Siding
- Exterior:
- Septic or Sewer: Public Sewer
- Water: Public
- Has Garage: YES
- Garage Spaces: 2
- Attached Garage: YES
- Fencing:
- Patio / Deck Description:
- Has a Pool: NO
- Pool Description:
- Lot Description:
- Lot Size in Acres:
- Waterfront: NO
School Info
- Elementary School: Alex Green Elementary
- Junior High School: Haynes Middle
- High School: Whites Creek High
Additional Information
- Property Type: Residential Income
- Property Sub Type:
- Year Built: 2019
- Tax Amount: $11,000.00
- Listing Office: Hive Nashville LLC
- Listing Agent: Michael Gomez
Based on information submitted to the MLS GRID as of 2024-11-21T13:04:40+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