FOR SALE
$899,900

609 51st Ave N
Nashville, TN 37209

Condo, Townhouse
Residential
4
Beds
3
Baths
+
2 Half
2,031
Sq. Ft.
N/A
Acre Lot
Courtesy: PARKS, 6153350770
McArthur Sanders> Tennessee> Nashville> 37209
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.**
2633141
Residential - Condo, Townhouse, 3+ Story, Townhouse
4
3 Full/2 Half
2024
Davidson
Public
Brick,Fiber cement
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: PARKS, 6153350770
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