609 51st Avenue North

Nashville, TN 37209

$899,900
Price
4
Beds
3
Baths
2
1/2 Baths
2,031 Sq. Ft.
$443 / Sq. Ft.
2,031
Sq. Ft.
$443
per Sq. Ft.

Description

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...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.
  1. Listed by Deborah Vahle • PARKS • 6153350770
  2. Listed by Mark Deutschmann • PARKS

Property Details for 609 51st Avenue North

Subdivision Name
Beacon
Waterfront
No

Location

Listing Courtesy of PARKS, Deborah Vahle (615.335.0770); PARKS, Mark Deutschmann (615.406.0608)
Add your commute
LISTING UPDATED: 05/04/2024 04:02 PM

Property Details for 609 51st Avenue North

StatusActive
MLS #2633141
Days on Market44
Taxes$7,728 / year
HOA Fees$150 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhouse
Year Built2024
Lot Size-
CountyDavidson County

Location

Listing Courtesy of PARKS, Deborah Vahle (615.335.0770); PARKS, Mark Deutschmann (615.406.0608)
Add your commute

Building Information for 609 51st Avenue North

Stories3Residences-Year Built2024Lot Size-

Payment Calculator

$5,705 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,911

Property Taxes

$644

HOA Dues

$150

The Payment Calculator is for illustrative purposes only.

Property Information for 609 51st Avenue North

Summary
Location and General Information
  • Directions: From downtown, take I-40W to Delaware Ave. Take Exit 205 for 46th Ave N, merge onto Delaware Ave, right onto 51st Ave N, house is on the left.
  • Elementary School: Cockrill Elementary
  • High School: Pearl Cohn Magnet High School
  • Levels: Three Or More
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Middle Or Junior School: Moses McKissack Middle
  • Mlg Can View: Yes
Parking
  • Total Non Garage Parking Spaces: 1.0
  • Garage Spaces: .00
  • Parking Features: Assigned
  • Parking Total: 1.00
Taxes and HOA Information
  • Condo Coop Association YN: Yes
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Other, Tile
Lot Information
  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 091113D00100CO
Property and Assessments
  • Construction Materials: Fiber Cement, Brick
  • Documents Count: 5
  • New Construction: Yes
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 3
  • Year Built Details: NEW
Utilities
  • Basement: Slab
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Interior Features: Ceiling Fan(s)
Bedroom Information
  • Main Level Beds: 3
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Common Walls: End Unit
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Fencing: Partial
  • Garage: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Dimensions: 14x13
  • Room Features: Full Bath
  • Room Type: Bedroom 1
Room 2
  • Room Dimensions: 12x11
  • Room Features: Bath
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 10x12
  • Room Type: Bedroom 4
Room 5
  • Room Dimensions: 20x13
  • Room Type: Bonus Room
Room 6
  • Room Dimensions: 16x13
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 16x15
  • Room Type: Living Room

Property History for 609 51st Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 609 51st Avenue North

Taxable ValueLand-Additions-Total-
Home Facts
CountyDAVIDSONAPN091-11-3D-001-00

Schools near 609 51st 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 - 10 to 12
Rating
School
Distance
Cockrill Elementary School
PublicPK to 4

Mckissack Middle School
Public5 to 8

Pearl Cohn Magnet High School
Public9 to 12

Cohn Alternative Learning Center
Public10 to 12

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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609 51st Avenue North is a townhouse for sale in Nashville, TN 37209. This property was listed for sale on April 4, 2023 by PARKS, it's currently listed at $899,900. This listing's school district is Davidson County. Nearby schools include Cockrill Elementary School, Mckissack Middle School and Pearl Cohn Magnet High School. 609 51st Avenue North is a 4-bed, 4-bath, 2,031 sqft townhouse built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PARKS, Deborah Vahle (615.335.0770); PARKS, Mark Deutschmann (615.406.0608)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 05/04/2024 04:02 PM