$899,900

609 51st Ave N, Nashville, TN 37209

4 Beds, 4 Baths
PARKS
4 Beds
4 Baths
2,031 Sqft
0 Acres
0 Garages

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.**

Essential Information
MLS® #2633141
Price$899,900
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths2
Square Footage2,031
Acres0.00
Year Built2024
TypeResidential
Sub-TypeTownhouse
StatusActive
Community Information
Address609 51st Ave N
SubdivisionBeacon
CityNashville
CountyDavidson County, TN
StateTN
Zip Code37209
Amenities
Parking Spaces1
GaragesAssigned
Utilities

Electricity Available, Water Available

Interior
Interior FeaturesCeiling Fan(s)
HeatingCentral
CoolingCentral Air, Electric
# of Stories3
Appliances

Dishwasher, Disposal, Microwave, Refrigerator

Exterior
Lot DescriptionLevel
ConstructionFiber Cement, Brick
School Information
ElementaryCockrill Elementary
MiddleMoses McKissack Middle
HighPearl Cohn Magnet High School
Additional Information
Contact Info:6153350770
Date ListedMarch 20th, 2024
Days on Market41
Market Information
Median Sales Price$605,000
Average Days on Market41
# of Properties on Market91
April 30, 2:28 pm 
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Courtesy of: Deborah Vahle, PARKS

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Listing information last updated on April 30th, 2024 at 2:25pm CDT.