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540 Weakley Ave

Nashville-Davidson metropolitan government (balance) TN 37207

2
1861 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6!!! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total) the estimated gross revenue is $168,000 . Total expenses amount to 59k, which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $107k after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.

Features

2 carspaces
2 garage spaces
1861 sq. ft. floor area
Multi-Family

Property history for 540 Weakley Ave

2021
Sold
$650,000
26 Oct 2021
2019
Sold
$2,600,000
17 Sep 2019

Happy sellers in Nashville-Davidson metropolitan government (balance)

87%
87% of sellers in Nashville-Davidson metropolitan government (balance) reported that their sale price either exceeded or met their price expectations.

Nashville-Davidson metropolitan government (balance) stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Nashville-Davidson metropolitan government (balance) over the last 12 months.

Local market activity for multi families in Nashville-Davidson metropolitan government (balance)

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