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Listed price in listed location currency (USD).
$860,000

005

MLS® 3288626

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 3156 sqft
Garage 
Taxes $6,933
Days Active 1
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $272
MLS® Number 3288626

Property Address: 300 37th Ave N, Nashville, TN, 37209-3952

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

Description

Exceptional Investment Opportunity in Sylvan Heights Income-producing quadplex in the highly desirable Sylvan Heights neighborhood with immediate upside potential. The property consists of four units with a strong rental history. All tenants are currently on month-to-month leases and have been long-term residents for 2–5 years, providing flexibility for an investor to continue operating as a rental or pursue redevelopment. Current rents are below market, creating an opportunity to increase cash flow through rental adjustments or value-add improvements. Recent capital improvements include two new HVAC systems and some other appliances wtihin the past 24 months. The property is zoned RS5 and currently has three utility meters. Buyers should verify redevelopment possibilities with Metro Codes to determine what may be built if the existing structure is removed. Located just minutes from downtown Nashville with convenient access to restaurants, shopping, parks, and major thoroughfares. Showings by accepted contract only. No low-ball offers, please. Not THAT motivated:)
MLS® Number3288626
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
Basement
DrivewayDriveway, Gravel
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric, Gas, Wall/Window Unit(s)

Extras

Negotiable

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