About 609 51st Ave N
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.**
Features of 609 51st Ave N
| MLS® # | 2633141 |
|---|---|
| Price | $899,900 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 2 |
| Square Footage | 2,031 |
| Acres | 0.00 |
| Year Built | 2024 |
| Type | Residential |
| Sub-Type | Townhouse |
| Status | Active |
Community Information
| Address | 609 51st Ave N |
|---|---|
| Subdivision | Beacon |
| City | Nashville |
| County | Davidson County, TN |
| State | TN |
| Zip Code | 37209 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| Parking Spaces | 1 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator |
| Heating | Central |
| Cooling | Central Air, Electric |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Lot Description | Level |
|---|---|
| Construction | Fiber Cement, Brick |
School Information
| Elementary | Cockrill Elementary |
|---|---|
| Middle | Moses McKissack Middle |
| High | Pearl Cohn Magnet High School |
Additional Information
| Date Listed | March 20th, 2024 |
|---|---|
| Days on Market | 42 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | PARKS |
|---|---|
| Contact Info | 6153350770 |