Views
Address
1005 12th Ave S, Nashville, TN
Price
$ 9,600,000
Property Attributes
  • MLS#2564309
  • TypeMulti-Family
  • CountyDAVIDSON
  • CityNashville
  • NeighborhoodGulch
  • Zip37203
  • StyleMulti Family
  • Year Built2018
  • Taxes$ 9055
  • Price$ 9,600,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage18386
  • Lot Size871 SqFt
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Successful turnkey operating Non-Owner Occupied (NOO) Short Term Rental (STR) Portfolio of EIGHT luxury row homes, less than a mile from 12 South, Belmont, the Gulch and Music Row. 3 different floorpans, all with 3+ bedrooms, 3.5 bathrooms, 2 car tandem garages, being sold as a package with fresh paint and new furniture throughout. $770,000 in rental income last year, $725,000+ on the books thus far for 2023. Spacious rooftop terraces, with a great view of the Nashville skyline, projector screens, fire pits and cafe lights. Each unit is decorated differently, maximizing the guest experience. This is an excellent opportunity to increase rental numbers and have a quickly appreciating asset.

Elementary School Middle School High School
Waverly-Belmont Elementary School John Trotwood Moore Middle Hillsboro Comp High School
Price History
8/28/2023 Listed $10,200,000
9/27/2023 6% - $9,600,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Zoning RM-20
Garage Spaces 2
Construction Materials Brick
Year Built 2018
View City
Stories 3
Levels One
Gross Income 1
OwnerPays Electricity,Gas,Water
County Davidson County,TN
Operating Expense 1
New Construction No
Property Type Residential Income
Attached Garage Yes
Subdivision Name Gulch
Garage Y/N Yes
Status Active
Directions From the Gulch,12th Ave S,cross over the highway and the buildings are just past South Street on the right. You must turn right on South Street and enter from the alley behind.
High School Hillsboro Comp High School
City Nashville
View Y/N Yes
Total Units 8
Waterfront Y/N No
Carport Y/N No
Street Name 12th Ave
Elementary School Waverly-Belmont Elementary School
Property Attached Y/N No
Year Built Details EXIST
Tax Annual Amount 9055
Middle/Junior High School John Trotwood Moore Middle
Days on Market 57
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2

Interior Features

Flooring Finished Wood,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 18386
Laundry Features Individual
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Appraiser
Below Grade Finished Area Source Appraiser
Above Grade Finished Area Source Appraiser
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Parking Features Attached
Water Source Public
Total Parking 2
Inclusions APPLN,FURN
Lot Size Area 0.02
Building Area Total 18386
Lot Size Acres 0.02
Lot Size Units Acres
Lot Size Source Calculated from Plat
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37203

Price
AVG $7.52M
$9.6M
Taxes
AVG $26,925
$9,055
Visits
AVG 102
204
Data Provided by Inside Real Estate®
Year Built
AVG 2011
2018
Walkscore
AVG 75
80
Data Provided by Walkscore® not using MLS data