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Lola Animashaun

lolatherealtor@gmail.com +1(931) 225-9416

Listed by Cindy Lockhart • Crye-Leike, Inc., REALTORS

$ 334,950

Est. payment | -/mo

1,664 SqFt

Save

$ 334,950

Est. payment | -/mo

Save

1,664 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,664 sqft

Price per Sqft $201

Subdivision Brick Church Pike

MLS Listing ID 3304555

HOA Y/N No

Year Built 1985

Annual Tax Amount $2,903

Lot Dimensions 70 X 120

Property Description

HUGE PRICE REDUCTION! Excellent opportunity for investors or owner-occupants seeking a Nashville duplex in a convenient location near Downtown. Nearly a 10% estimated cap rate based on current and projected rents and known operating expenses. The property also offers potential for Section 8 leasing, if approved and qualified. House hack or invest! One side is currently leased through June 2027, providing immediate rental income, while the other side is vacant, move-in ready, and available for an owner-occupant or new tenant. Live in one side while the rental income helps offset your mortgage, or lease both units and maximize the property's investment potential. Both units have separate meters, and the seller's only current monthly expense is approximately $100 for lawn maintenance, helping keep operating expenses low. Numerous updates and remodeling have been completed within the two years, and the roof was replaced in 2021. The vacant right-side unit is ready for immediate occupancy or leasing. Strong rental potential, low owner expenses, separate utilities, established rental income, and a prime Nashville location make this a compelling opportunity at the new reduced price.

Location

State TN

County Davidson County

Zoning duplex

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Bellshire Elementary Design Center

Middle Schools Madison Middle

High Schools Hunters Lane Comp High School

Others

Senior Community false

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

3608 Willow Creek Ct Nashville, TN 37207