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Listed by Michael Gomez • Hive Nashville LLC
$5,300,000
Est. payment /mo
11,166 SqFt
Active
532 Weakley Ave Nashville, TN 37207
UPDATED:
11/08/2024 09:51 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,166 sqft
Price per Sqft $474
Subdivision Homes At 1133 Baptist World Center
MLS Listing ID 2757441
Year Built 2019
Annual Tax Amount $33,240
Property Description
Incredible investment opportunity in Nashville: Own this turnkey Airbnb complex, STR-approved with MUN-A zoning for non-owner occupied operations, generating an estimated $500,000 in gross income annually. Perfect for DSCR loans, 1031 Exchanges, or conventional financing, this property allows you to live in one unit and rent the others on top short-term rental platforms. Estimated yearly net income is $363,716 after typical expenses (utilities, cleaning, insurance, and taxes), excluding management fees. Individual units are also available for purchase. The seller is open to reasonable offers—reach out for a showing, but please note the property stays heavily booked! Buyer to verify all details.
Location
State TN
County Davidson County
Zoning Multi-Use
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Finished Wood, Tile
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Water Available
Waterfront false
View Y/N true
View City
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Fiber Cement,Wood Siding
New Construction false
Schools
Elementary Schools Alex Green Elementary
Middle Schools Haynes Middle
High Schools Whites Creek High