Residential Income in Nashville

$800,000

300 37th Ave, 37209, Nashville, TN

Residential Income for sale in Nashville, 300 37th Ave, 37209, 3156 m²

300 37th Ave, 37209, Nashville, TN

$800,000

3156
Type: Residential Income

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:)

Location

300 37th Ave, 37209, Nashville, TN

Data

Object TypeResidential Income
Purchase Price$800,000
Living Space3156 m²
Plot SizeN/A
BathroomsN/A
Construction Year1945
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral, Electric
Primary Energy SourceN/A
Construction Year1945
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent