Successful turnkey operating Non-Owner Occupied (NOO) Short term rental (STR) portfolio. ZONED CS. Owner selling all units FULLY FURNISHED as package- not being sold individually. Build completed in Spring 2022. Thoughtfully designed with large windows, attractive lighting and tasteful decor throughout, plus in-unit washer/dryer. 1 bedroom, 1 full bath with additional sleeper sofa or bunks. 4 units with balcony and all with assigned parking spaces. Great investment opportunity and minutes from downtown! First floor of building is separately owned and includes 3 currently leased commercial spaces; Second floor comprised of the 8 NOO STR units.
- Price:
- $3,875,000
- Square Footage:
- 4,484
- Year Built:
- 2018
- Listing ID #:
- RTC2514344
- Street Address:
- 916 Buchanan St
- City:
- Nashville
- State:
- Tennessee
- Postal Code:
- 37208
- County:
- Davidson
- Subdivision:
- Buchanan Point
- Listing Status:
- Active
- Listing Type:
- Residential Income
K-4
270 students
13 student/teacher
9-12
879 students
14 student/teacher
- Approximate Total Liveable Area:
- 4484
- Building Security:
- Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
- Finished Above Ground Square Footage:
- 4484
- Flooring:
- Laminate
- Has Handicap Features:
- Accessible Elevator Installed
- Number Of Units:
- 8
- Square Footage Source:
- Assessor
- Stories:
- 1
- Stories:
- One
- Total Building Square Footage:
- 4484
- Year Built:
- 2018
- Year Built Description:
- Exist
- Gross Income:
- 390848
- Net Operating Income:
- 312374
- Operating Expense:
- 78474
- Conforms To Zoning:
- Cs
- Days On Market:
- 37
- Included In Sale:
- Appln, Furn
- On Market Date:
- 2023-05-01
- Originating Mls:
- Realtrac
- Previous Listing Price:
- 3875000
- Association Fee:
- $971
- Association Fee Payment Frequency:
- Monthly
- Owner Pays:
- Electricity
- Property Taxes:
- $19,018
- Parking Description:
- Parking Lot
- Parking Spaces:
- 8
- Uncovered Parking Spaces:
- 8
- Cooling System:
- Central Air
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Central
- Laundry:
- Individual
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Parks
