540 Weakley Avenue

Nashville, TN 37207

$1,750,000
Price
6
Beds
6
Baths
1,861 Sq. Ft.
$940 / Sq. Ft.
1,861
Sq. Ft.
$940
per Sq. Ft.
a front view of a residential apartment building with a yard
a living room with furniture and a window
a living room with furniture and wooden floor
a living room with furniture and a flat screen tv
a view of a dining room with furniture
a view of mirror with vanity
a bedroom with a bed and a table
a kitchen with stainless steel appliances granite countertop a sink a stove a refrigerator and island with wooden floor
a kitchen with stainless steel appliances granite countertop a sink a stove a refrigerator and cabinets
a kitchen with granite countertop a sink stainless steel appliances and cabinets
a kitchen with stainless steel appliances granite countertop a dining table chairs stove refrigerator and cabinets
a view of a hallway with wooden floor and a bookshelf
a bedroom with a bed and chandelier
a view of entryway with wooden floor
a view of entryway
a view of entryway
a bedroom with furniture and a flat screen tv
a bedroom with a bed and a window
a bathroom with a toilet and a shower
a bathroom with a toilet sink and mirror
a view of entryway
a view of livingroom with furniture
a bedroom with a bed and a chair
a bedroom with a bed and a wall painting
a view of walk in closet with empty racks
a bathroom with a sink and a mirror
a bathroom with a sink and a mirror
a view of a room with wooden floor
a balcony view with a seating space
a view of a room with furniture and a table
a bathroom with a sink and a toilet
a roof deck with wooden fence and wooden fence
a couple of table and chairs in the back yard of the house
a view of outdoor space and yard
a view of a balcony
a backyard of a house with yard fire pit and outdoor seating
a view of a floor to ceiling window and stainless steel appliances
a front view of a house with a yard
a front view of a house
a view of a street with a building in the background
a view of a balcony with chairs and potted plants

Description

Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6! Reach out for showings,...Amazing opportunity to own your very own Nashville Airbnb STR approved complex! Bringing in approximate $168k in Gross income this property surely would make it a great DSCR loan , 1031 Exchange opportunity as well as a regular conventional play. Live in one and rent the other on your favorite short term rental platforms! Zoning is MUN-A and and approved for Airbnb Non owner occupant operations. Also individual units can be purchased separately as well as the package of all 6! Reach out for showings, they keep pretty book so be patient. Seller is really to look at any reasonable offers! More units amiable (6 total) the estimated gross revenue is $168,000 ($84,000 per unit × 2). Total expenses amount to $45,428 ($22,714 per unit × 2), which includes costs for utilities, cleaning, insurance, and property taxes. This results in an estimated net income of $122,572 after expenses. Please note, this figure does not account for property management fees or any applicable mortgage payments.
  1. Listed by Michael Gomez • Hive Nashville LLC • 6156134461

Property Details for 540 Weakley Avenue

Subdivision Name
Homes At 1133 Baptist World Center
View
City
Waterfront
No
LISTING UPDATED: 11/30/2024 07:43 AM

Property Details for 540 Weakley Avenue

StatusActive
MLS #2759881
Days on Market24
Taxes$11,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2019
Lot Size-
CountyDavidson County

Building Information for 540 Weakley Avenue

Stories3Residences2Year Built2019Building Size-Lot Size-

Property Information for 540 Weakley Avenue

Summary
Location and General Information
  • Directions: From Downtown - I-65N/I-24W to Trinity Lane exit. End of ramp turn left then left onto Brick Church Pike, right on fern and then left on Weakley. OR from Jefferson St, left on WBC then right on Weakley. 6 units on the corner - 2 buidings
  • Elementary School: Alex Green Elementary
  • High School: Whites Creek High
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Haynes Middle
  • Mlg Can View: Yes
  • Zoning: Multi-Use
Parking
  • Garage Spaces: 2.00
  • Parking Features: Attached - Rear
  • Parking Total: 2.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Finished Wood, Tile
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 071140U00500CO
  • Structure Type: Duplex
Property and Assessments
  • Construction Materials: Fiber Cement, Wood Siding
  • Documents Count: 1
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Smoke Detector(s)
  • Stories: 3
  • Year Built Details: EXIST
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit Type Actual Rent: $84,000.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $84,000.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental Information
Rental Information
  • Total Actual Rent: $168,000

Property History for 540 Weakley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Weakley Avenue

Taxable ValueLand$35,200Additions$135,040Total$170,240
Tax Record2024$5,540 ($462 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,861 SqFtAbove Grade Finished SqFt1,861 SqFtStories3StyleCondominiumYear Built2019ZoningMUN-ACountyDAVIDSONAPN071-14-0U-005-00

Schools near 540 Weakley Avenue

This home is within Davidson County.
Rating
School
Type
Grades
Distance
Alex Green Elementary School
Public - PK to 5
Haynes Middle
Public - 6 to 8
Whites Creek Comp High School
Public - 9 to 12
Purpose Prep
Charter - K to 5
Rating
School
Distance
Alex Green Elementary School
PublicPK to 5

Haynes Middle
Public6 to 8

Whites Creek Comp High School
Public9 to 12

Purpose Prep
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 540 Weakley Avenue, Nashville, TN 37207

540 Weakley Avenue is a multi-family home for sale in Nashville, TN 37207. This property was listed for sale on October 28, 2024 by Hive Nashville LLC, it's currently listed at $1,750,000. It has been on the market for a total of 24 days and was last sold on October 22, 2021. This listing's school district is Davidson County. Nearby schools include Alex Green Elementary School, Haynes Middle and Whites Creek Comp High School. 540 Weakley Avenue is a 6-bed, 6-bath, 1,861 sqft multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hive Nashville LLC, Michael Gomez (615.613.4461)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 11/30/2024 07:43 AM