609 51st Avenue North
609 51st Avenue North
$899,900
4
3
2
2,031
2,031
$443
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.
- Listed by Deborah Vahle • PARKS • 6153350770
- Listed by Mark Deutschmann • PARKS
Property Details for 609 51st Avenue North
Subdivision Name
Beacon
WaterfrontNo
Location
LISTING UPDATED: 05/04/2024 04:02 PM
Property Details for 609 51st Avenue North
Status | Active |
---|---|
MLS # | 2633141 |
Days on Market | 44 |
Taxes | $7,728 / year |
HOA Fees | $150 / month |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential / Townhouse |
Year Built | 2024 |
Lot Size | - |
County | Davidson County |
Location
Building Information for 609 51st Avenue North
Stories3Residences-Year Built2024Lot Size-
Payment Calculator
$5,705 per month
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Property Information for 609 51st Avenue North
Property History for 609 51st 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 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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