540 Weakley Ave , Nashville, TN 37207

  • $1,750,000
  • $1,700,900
540 Weakley Ave , Nashville, TN 37207
Active
540 Weakley Ave , Nashville, TN 37207
540 Weakley Ave , Nashville, TN 37207
  • $1,750,000
  • $1,700,900

Description

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.

Details

Updated on November 30, 2024 at 1:43 pm
  • Property ID: 2759881
  • Price: $1,750,000
  • Property Size: 1861 Square Feet
  • Garages: 2
  • Garage Size: x x
  • Year Built: 2019
  • Property Type: Residential Income
  • Property Status: Active
  • MLS#: 2759881
  • Address 540 Weakley Ave
  • City Nashville
  • State/county TN
  • Zip/Postal Code 37207

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