Courtesy of SimpliHOM.
Property Description
I have an amazing historic mansion in the heart of midtown. This home would be great for an investor or a large family. The main home consists of six bedrooms, ALL with en suite bathrooms! The additional 2 bedrooms with en-suite bathrooms as well can be accessed via the master bedroom or from a separate entrance on the left side of the home. This apartment has a small kitchenette that would be perfect as an in-law suite. The property has a unique zoning allowing it to short term rented without a STR permit because it was zoned to be a bed and breakfast in 1999. I’ve been operating as a short term rental for the past 2.5 years and have done very well. 2024 NET income after taxes, management, maintenance, utilities etc was ~$230,000. 2025 numbers will be very similar. At the list price of $2,975,000 you’d be looking at a roughly 7.7% CAP rate. The home can also be lived in and partially rented as there is a two bed, two full bath apartment with a separate entrance attached to the home. You can rent the apartment or use it as in-law suite. I have spent enormous sums of money on hardscaping the front yard and back patio area. The walk out patio is right out of a magazine. This is a home that you MUST see in person. Approximately 85k in furnishings. Home comes furnished with full price offer. Owner/Agent. Call me direct for a private showing.
Property Details and Features
- Appliances & Equipment
- Gas Oven
- Gas Range
- Basement
- Unfinished
- Bathrooms
- 8 total bathrooms
- 7 full bathrooms
- 1 half bathroom
- Bedrooms
- 8 total bedrooms
- 4 main level bedrooms
- Building
- Built in 1930
- Year Built Details: Historic
- Living area: 4774
- Living area units: Square Feet
- Levels: Three Or More
- Construction Materials: Brick, Stone, Stucco
- Cooling
- Central Air
- Fence
- Privacy
- Fireplaces
- 2 fireplaces
- Gas
- Floors
- Wood
- Tile
- Foundation
- Concrete Perimeter
- Garage
- 2 spaces
- Heating
- Central
- Interior Features
- High Speed Internet
- Laundry
- Electric Dryer Hookup
- Washer Hookup
- Listing
- Listing ID: RTC2991179
- Standard Status: Active
- MLS Status: Active
- Property Subtype: Single Family Residence
- On market as of 2025-09-10
- 50 days on market
- Special Conditions: Owner Agent
- Location
- Subdivision: Fairfax Place
- County/Parish: Davidson County, TN
- Lot
- 0.33 acres
- Dimensions: 104 X 160
- Parking
- 2 covered spaces
- 2 open parking spaces
- 4 total parking spaces
- Detached
- Driveway
- Pets Policy
- Allowed: Yes
- Possession
- Close Of Escrow
- Schools
- Elementary School: Eakin Elementary
- Middle School: West End Middle School
- High School: Hillsboro Comp High School
- Security Features
- Fire Alarm
- Sewer
- Public Sewer
- Taxes
- Parcel Number: 10410022700
- Annual Amount: $13,920
- Utilities
- Water Available
- Cable Connected
- Water Source: Public
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