509 27th Avenue North
509 27th Avenue North
$1,200,000
4
4
2,220
2,220
$541
Closed 1/11/23
Description
Highly desired, top performing MUL zoned short term rental. Property is permitted in an LLC currently - walk into instant cash flow. Annual Revenue numbers are in excess of $150K. Cap rate is just over 10%. 2 years of proven cash flow available. Calendar is already booking well into 2023. Buyer can keep all future reservations with 1 year contract with current management.Highly desired, top performing MUL zoned short term rental. Property is permitted in an LLC currently - walk into instant cash flow. Annual Revenue numbers are in excess of $150K. Cap rate is just over 10%. 2 years of proven cash flow available. Calendar is already booking well into 2023. Buyer can keep all future reservations with 1 year contract with current management.
- Listed by John White • Engel & Voelkers Nashville • 6014084530
- Listed by Emily Stewart • Engel & Voelkers Nashville
Property Details for 509 27th Avenue North
Architectural Style
Other
Subdivision NameAxis27
ViewCity
WaterfrontNo
Location
LISTING UPDATED: 04/17/2023 08:41 AM
Property Details for 509 27th Avenue North
Status | Closed |
---|---|
MLS # | 2439568 |
Days on Market | 60 |
Taxes | $5,962 / year |
HOA Fees | $185 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Other Condo |
Year Built | 2020 |
County | Davidson County |
Location
Building Information for 509 27th Avenue North
Building/Complex509 27th Ave NFloor-Stories3Residences-Pet Policy-Year Built2020
Payment Calculator
$7,231 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 509 27th Avenue North
Property History for 509 27th Avenue North
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 509 27th Avenue North
Taxable ValueLand$57,600Additions$232,560Total$290,160
Tax Record2023$9,442 ($787 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,220 SqFtAbove Grade Finished SqFt2,220 SqFtStories3StyleCondominiumYear Built2020ZoningMUL-ACountyDAVIDSONAPN092-10-0M-020-00
Schools near 509 27th Avenue North
This home is within Davidson County.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Park Avenue Elementary Enhanced Option PublicPK to 4 | ||
Mckissack Middle School Public5 to 8 | ||
Pearl Cohn Magnet High School Public9 to 12 | ||
Head Middle Public5 to 8 |
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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