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Listed price in listed location currency (USD).
$1,169,000

443

MLS® 3610616

Overview

Key Facts

Type Townhouse
Levels Residential
Size 2133 sqft
Garage Yes
Taxes $14,076
Days Active 0
Lot Size 0.019999999552965164 Acres
Approx. Age 2020
Avg. Price Per Sqft $548
MLS® Number 3610616

Property Address: 1037C Scovel St, Nashville, TN, 37208

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a high-performing turnkey NOO STR investment in the heart of Nashville. This commercially zoned, 4-bedroom, 4-bath property is zoned DTC with an active STR permit and is being sold fully furnished, ready to operate from day one. Newly renovated and under new professional management as of 2026, the property is positioned for strong performance, with projected annual gross revenue of $107, 000 - $131, 000 based on past performance and comparable nearby short-term rentals. Future bookings can convey with the sale. Full comp analysis available upon request. Ideally positioned less than two miles from Broadway and The Gulch and minutes from Germantown. Designed for group travel, the three-level layout sleeps 12 and features 4 en-suite bedrooms, designer finishes, garage parking, and a rooftop deck with a fire pit and Capitol and downtown skyline views. Known on Airbnb as “The Velvet Spur – Skyline Views, Rooftop Fire Pit”, the property holds a 4.94-star average rating and Airbnb's Guest Favorite designation. Furnishings and décor convey, and professional management is in place and available to continue. At the current asking price, a cost segregation study could support an estimated $238, 000 - $285, 000 in first-year bonus depreciation. The property may also suit investors pursuing a 1031 exchange. Disclaimer: Illustrative estimate only and not tax advice. Actual results depend on the purchase allocation, the buyer's tax situation, and passive activity rules. Buyers should consult their CPA or tax advisor. Ask your agent for the Airbnb listing, detailed performance history, and the complete STR investment package, including revenue projections and bonus depreciation estimates. Search Terms: NOOSTR, N.O.O. STR, non-owner occupied, STRP, vacation rental, VRBO, investment property, income property.
MLS® Number3610616
Laundry LevelElectric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.02
Exterior
GarageYes
Approx. Age2020
BasementNone
DrivewayAttached, On Street
Garage Spaces1
HeatCentral
A/CCentral Air

Extras

Rooms

Master Bathroom:Not available

Home Estimate Zoopraisal®

This property is estimated to sell between: $772,000 and $1,368,000.
Similar properties in this area sold on average for: $772,780
Expected to sell in 69 days. Similar properties sold in 69 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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