Price: $6,750,000
Beds: 28
Baths: 14
Living Area SqFt: 12,712
Status: Active
Property Type: Other Condo
Lot Size Acres: 0.56
Lot Size SqFt: 24,393
Year Built: 1945
Neighborhood: O B Hayes Rokeby
Days on Website: 23

Courtesy of Compass RE.

Property Description

Amazing opportunity not seen in decades to buy a rare existing multi-family building housing 14 2 bed/1 bath units directly across from Belmont University, 1 block from Vanderbilt and on the corner of Wedgewood and Music Row! The building sits on a 0.56 acre (24,394 SF) lot and could be remodeled to produce luxury student housing to create long term cash flow. The zoning is Or20: Office/Residential (20 Units An Acre) and the underlying land use policy Code of DOC (District Office Concentration). Serious inquiries only please with proof of funds are required before a site visit and building access will be granted.

Property Details and Features

  • Appliances & Equipment
  • Description: “Refrigerator”
  • Basement
  • Description: “Other”
  • Bathrooms
  • Full Bathrooms: 14
  • Half Bathrooms: 0
  • Bedrooms
  • Total Bathrooms: 28
  • Main Level Bedrooms: 14
  • Building
  • Finished Area Above Grade: 10248
  • Area: 12712
  • Building Area: 12712
  • Construction Materials: “Brick”
  • Levels: “Three Or More”
  • Stories: 2
  • Year Built: 1945
  • Year Built Details: EXIST
  • Effective Year built: 1945
  • Cooling
  • Details: “Wall/Window Unit(s)”
  • Floors
  • Flooring: “Finished Wood”
  • Garage
  • Garage Spaces: 0
  • Heating
  • Heating: “Other”
  • Listing
  • Days on Market: 0
  • Listing Price: 6750000
  • Status: Active
  • Location
  • Address: 1626 16th Ave, S
  • City: Nashville
  • State: TN
  • Zip: 37212
  • County: Davidson County, TN
  • Subdivision: O B Hayes Rokeby
  • Directions: Take Rosa L Parks Blvd and 8th Ave S to Wedgewood Ave. Follow Wedgewood Ave to 16th Ave S. Destination will be on the right.
  • Lot
  • Acres: 0.56
  • Size: 0.56
  • Dimensions: 155 X 150
  • Size Source: Assessor
  • Size Units: Acres
  • Parking
  • Covered Spaces: 0
  • Parking Total: 0
  • Schools
  • Elementary: Eakin Elementary
  • Middle/Junior High: West End Middle School
  • High School: Hillsboro Comp High School
  • Utilities
  • Sewer: “Public Sewer”
  • Water Source: “Public”

Property Map

$6,750,000 – 1626 16th Ave S, Nashville, TN 37212

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