For Sale

Listed by Grantland (Grant) Hammond and Sarah Butler

Source: Middle Tennessee Regional MLS #2936526

205/245 Hermitage Avenue, Nashville-Davidson metropolitan government (balance), TN, 37210

$749,900

2
2
1
987 sq. ft.
0.2 ac.

Condo

30+ days on the market

What's around 205/245 Hermitage Avenue

About this property

This is Nashville's most exciting new boutique short-term rental building. Sophisticated and design-forward, Neopolitan is located just one mile from Broadway and purpose-built for maximum profitability and elevated guest experience. With a prime location placing your guests in the heart of everything Nashville has to offer, Neopolitan features a rooftop skylounge with fire tables, foosball, and panoramic views of the downtown skyline. Guests will enjoy a truly unique stay with rich interior finishes, high-tech building access, free on-site parking, 24/7 gym access, and beautifully curated common areas. A generous layout in this unit sleeps eight and offers the flexibility to customize your design direction. Ask about design credits and conventional financing options. Photos shown are of a similar unit. For investors, Neopolitan offers more than just rental income. Thanks to recent legislation, bonus depreciation for short-term rental properties like this one is back at 100%. This allows qualified buyers to potentially save over $100,000 in year-one taxes, making this one of the most powerful wealth-building tools available in today?s real estate market. When combined with cashflow and appreciation from proximity to major developments, Neopolitan delivers a smart, tax-advantaged investment in the heart of Music City.

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