$2,900,000
$3,100,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
12,749 SqFt
SOLD DATE : 05/21/2019
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,749 sqft
Price per Sqft $227
Subdivision 908 Shelby Avenue
MLS Listing ID 2022789
Sold Date 05/21/19
HOA Fees $1/mo
Year Built 1970
Annual Tax Amount $12,000
Lot Dimensions 125 X 175
Property Description
HUGE OPPORTUNITY IN EAST NASHVILLE'S 5 POINTS AREA! This 16-unit development is WALKABLE to 5 Points, has views of downtown, has off-street parking, and has amazing potential. Currently grossing around $219,600/year. With updates, gross could be as high as $305,000/year for a long-term hold. High-end construction development potential also possible! Zoned for Lockeland Elementary!
Location
State TN
County Davidson County
Zoning 1
Interior
Heating Other
Cooling Other
Flooring Finished Wood, Laminate, Tile
Fireplace N
Exterior
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Lockeland Elementary School
Middle Schools Stratford Stem
High Schools Stratford Comp High School
Others
HOA Fee Include Water
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