518 Weakley Ave, Nashville, TN

Name: 518 Weakley Ave, For Sale in Nashville - Zoocasa
Brand: Adaro Realty
SKU: 3601853
Price: 2895000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,895,000

004

MLS® 3601853

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 10728 sqft

Garage Yes

Taxes $712

Days Active 0

Lot Size

Approx. Age 2021

Avg. Price Per Sqft $269

MLS® Number 3601853

Property Address: 518 Weakley Ave, Nashville, TN, 37207-5338

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

Description

RARE TURNKEY NASHVILLE STR PORTFOLIO — 4 HPRs | 8 RENTAL CONFIGURATIONS | 4 ACTIVE GRANDFATHERED NOO STR PERMITS. Exceptional opportunity to acquire 516, 518, 520 & 522 Weakley Ave as one fully furnished, income-producing portfolio just minutes from Downtown Nashville, Germantown, River North, Oracle/East Bank and Topgolf. Each three-story residence offers approximately 2, 600 SF with 4 bedrooms, 4 full baths, private garage and rooftop deck. Unique floor plans include a separately accessed first-floor 1BR/1BA suite, allowing each HPR to operate as a full 4BR residence or as a 3BR/3BA main residence plus separate 1BR/1BA suite — providing up to 8 distinct rental configurations across the portfolio. Properties are currently operated as a combination of short-term and mid-term rentals and produced approximately $300, 000 in gross rental revenue over the seller’s trailing 12-month period. Portfolio is fully furnished and ready for continued operation. Existing property-owning LLC holds four active non-owner-occupied STR permits grandfathered in RM20 zoning. Third-party professional management revenue projections are available upon request. Rare combination of real estate, operating income, STR permit scarcity and multiple rental strategies in one Nashville investment. Contact listing broker for financials, permit documentation, revenue projections and portfolio details.

MLS® Number3601853

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age2021

Basement

DrivewayGarage Faces Front

Garage Spaces4

HeatElectric, Central

A/CElectric, Central Air

Extras

Appliances, Furniture

Map

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