2516 Highland Trace Drive
2516 Highland Trace Drive
$350,000
4
2
1,716
1,716
$204
Closed 3/19/24
Description
Completely remodeled prior to tenants moving in. Great opportunity to own a cash-flowing duplex in Nashville. Great property for house hacking or a 1031 exchange. Both sides occupied currently, with rents at $1340 and $1380 currently. Property qualifies for Section 8 for $1500/month for each unit. Opportunity to raise rents as they are currently below market comps. New appliances throughout. One side has a completely new HVAC and the other side has been diligently maintained and runs terrific. Listing...Completely remodeled prior to tenants moving in. Great opportunity to own a cash-flowing duplex in Nashville. Great property for house hacking or a 1031 exchange. Both sides occupied currently, with rents at $1340 and $1380 currently. Property qualifies for Section 8 for $1500/month for each unit. Opportunity to raise rents as they are currently below market comps. New appliances throughout. One side has a completely new HVAC and the other side has been diligently maintained and runs terrific. Listing agent is also a licensed lender so call me and let me run the numbers for you. Buyer and/or buyer's agent to confirm all data regarding the property.
- Listed by John Barrs • Legion Realty
Property Details for 2516 Highland Trace Drive
Subdivision Name
Highland Trace
ViewCity
WaterfrontNo
Location
LISTING UPDATED: 03/22/2024 08:34 PM
Property Details for 2516 Highland Trace Drive
Status | Closed |
---|---|
MLS # | 2619022 |
Days on Market | 4 |
Taxes | $1,293 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1984 |
Lot Size | - |
County | Davidson County |
Location
Building Information for 2516 Highland Trace Drive
Stories2Residences2Year Built1984Building Size-Lot Size-
Payment Calculator
$2,018 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2516 Highland Trace Drive
Property History for 2516 Highland Trace Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2516 Highland Trace Drive
Taxable ValueLand$18,000Additions$45,560Total$63,560
Tax Record2023$2,068 ($172 / month)
Home Facts
Baths4Total Finished SqFt1,956 SqFtAbove Grade Finished SqFt1,956 SqFtStories2Lot Size7,841 SqFtStyleDuplexYear Built1984ZoningR8CountyDAVIDSONAPN059-12-0-032-00
Schools near 2516 Highland Trace Drive
This home is within Davidson County.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Alex Green Elementary School PublicPK to 4 | ||
KIPP Nashville College Prep Charter5 to 8 | ||
Whites Creek Comp High School Public9 to 12 | ||
KIPP Nashville College Prep Elementary CharterK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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