Don't miss this rare opportunity, not seen in decades, to buy an existing multi-family building, housing fourteen 2 bed/1 bath units. Amazing location, this property is situated directly across from Belmont University and 1 block from Vanderbilt and on the corner of Music Row and Wedgewood. The building sits on a 0.56 acre (24,394 SF) lot and could be remodeled to produce luxury student housing to create long term cash flow. The zoning is Or20: Office/Residential (20 Units An Acre) and the underlying land use policy Code of DOC (District Office Concentration). Serious inquiries only please with proof of funds are required before a site visit and building access will be granted.
Property Details
Bedrooms
28
Bathrooms
14
Home Size
12,712 sqft
Lot Size
0.56 acres
Year Built
1945
MLS #
2565637
Heating
Other
Cooling
Wall/Window Unit(s)
Pool
No
Days on Market
241
Listed By: Jennifer ArmstrongCompass RE
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Listing Details for 1626 16th Ave, S
Interior Features
Kitchen Information
Appliances: Refrigerator
Cooling Information
Type: Wall/Window Unit(s)
Has Cooling: Wall/Window Unit(s)
Bathroom Information
Half Bathrooms: 0
Full Bathrooms: 0
Bedroom Information
Main Level Bedrooms: 14
Dining Room Information
Bonus Room Information
Fireplace Information
Has fireplace: No
Flooring Information
Type: Finished Wood
Heating Information
Has Heating: Yes
Type: Other
Interior Features
Den Information
Living Room Information
Basement Information
Basement Features: Other
Parking / Garage, School / Neighborhood, Utilities, Location Details
Parking / Garage Information
Garage Spaces: 0
Covered parking space: 0
Has Attached Garage: No
Has Carport: No
Has Garage: No
Total Parking Spaces: 0
Utilities Information
Sewer: Public Sewer
Water Source: Public
Waterfront
Is Waterfront Property: No
Senior Community
Is in Senior Community: No
Exterior Features
Green Energy Features
Roof Information
Exterior Features
Has Pool: No
Property / Lot Details
Lot Information
Lot Size Source: Assessor
Lot Size (Acres): 0.56
Lot Size Dimensions: 155 X 150
Stories: 2
County: Davidson County, TN
Parcel Number: 10412029500
Property Information
Common Walls (property attached): No
Year Built Details: 1945
Possession: Close Of Escrow
Annual Tax Amount: $40,930
Number of Levels: Three Or More
New Construction: No
Original List Price:: $6,750,000
Property Sub-type: Other Condo
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1626 16th Ave, S is a Other Condo in the neighborhood O B Hayes Rokeby on a 0.56 acres lot in the Nashville, TN 37212 in Davidson County, TN. 1626 16th Ave, S was built in year 1945 and features 28 bedrooms and 14 bathrooms with a total square footage of 12712. 1626 16th Ave, S has been on the market for 241 days and the most recent list price for this house is $6,750,000 which is lower than the average list price of amongst similar listings in Nashville. There are 19 other homes for sale in the vicinity of 1626 16th Ave, S; 1701 Villa Pl, 1511 16th Ave, S and 1708 Acklen Ave. The elementary school near 1626 16th Ave, S is Eakin Elementary, for Middle
school, West End Middle School and High School it's Hillsboro Comp High School. The MLS ID for 1626 16th Ave, S is RTC2565637. Nearby things to do include Belmont Mansion, Bro ‘n Sis Music, Kristin K Smith Voice Studio, Combustion Music, Big Yellow Dog Music, Chick-fil-A, Sweetbriar Recording, Thompson Music Rental, Chinese Arts Alliance of Nashville, The Kind Cake.