Description
HUGE PRICE REDUCTION! Excellent opportunity for investors or owner-occupants seeking a Nashville duplex in a convenient location near Downtown. Nearly a 10% estimated cap rate based on current and projected rents and known operating expenses. The property also offers potential for Section 8 leasing, if approved and qualified. House hack or invest! One side is currently leased through June 2027, providing immediate rental income, while the other side is vacant, move-in ready, and available for an owner-occupant or new tenant. Live in one side while the rental income helps offset your mortgage, or lease both units and maximize the property's investment potential. Both units have separate meters, and the seller's only current monthly expense is approximately $100 for lawn maintenance, helping keep operating expenses low. Numerous updates and remodeling have been completed within the two years, and the roof was replaced in 2021. The vacant right-side unit is ready for immediate occupancy or leasing. Strong rental potential, low owner expenses, separate utilities, established rental income, and a prime Nashville location make this a compelling opportunity at the new reduced price.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,664SQFT
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$201$/SQFT
School Information
Description
HUGE PRICE REDUCTION! Excellent opportunity for investors or owner-occupants seeking a Nashville duplex in a convenient location near Downtown. Nearly a 10% estimated cap rate based on current and projected rents and known operating expenses. The property also offers potential for Section 8 leasing, if approved and qualified. House hack or invest! One side is currently leased through June 2027, providing immediate rental income, while the other side is vacant, move-in ready, and available for an owner-occupant or new tenant. Live in one side while the rental income helps offset your mortgage, or lease both units and maximize the property's investment potential. Both units have separate meters, and the seller's only current monthly expense is approximately $100 for lawn maintenance, helping keep operating expenses low. Numerous updates and remodeling have been completed within the two years, and the roof was replaced in 2021. The vacant right-side unit is ready for immediate occupancy or leasing. Strong rental potential, low owner expenses, separate utilities, established rental income, and a prime Nashville location make this a compelling opportunity at the new reduced price.
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