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.**
Property Details
Bedrooms
4
Bathrooms
5
Home Size
2,031 sqft
Lot Size
0 acres
Year Built
2024
HOA
$150 / Monthly
MLS #
2633141
Heating
Central
Cooling
Central Air, Electric
Pool
No
Days on Market
42
Listed By: Deborah VahlePARKS
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609 51st Ave, N is a Townhouse in the neighborhood Beacon on a acres lot in the Nashville, TN 37209 in Davidson County, TN. 609 51st Ave, N was built in year 2024 and features 4 bedrooms and 5 bathrooms with a total square footage of 2031. 609 51st Ave, N has been on the market for 42 days and the most recent list price for this house is $899,900 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 609 51st Ave, N; 605 51st Ave, N, 5214 Georgia Ave and 5214 Georgia Ave. The elementary school near 609 51st Ave, N is Cockrill Elementary, for Middle
school, Moses McKissack Middle and High School it's Pearl Cohn Magnet High School. The MLS ID for 609 51st Ave, N is RTC2633141. Nearby things to do include Mapco Express, Mapco 3347, Nashville Violins, This ‘N That Thrift Shop, Big Daddys, Coco’s Italian Market, Coco’s Catering, Stop N Shop, Sleep-Rite Industries, Air Affiliates.
