Courtesy of Tyler York Real Estate Brokers, LLC.
Property Description
Turn key investment opportunity in walkable East Nashville expected to gross $120k this year! This exceptional short-term rental property is a Nashville “Guest Favorite” on AirBnB, with proven revenue and a 4.98 Star rating. Jolene on Main is nestled just moments away from the future East Bank development, providing significant unrealized gains. This professionally designed Dolly-themed has everything. From tri-level custom bunk beds to the wallpaper used in the Beverly Hills Hotel – no detail was overlooked. This unit has consistently exceeded proforma projections, and those numbers will only increase with time. Also, a completed cost segregation study (enabling the buyer to optimize tax benefits) presents a rare opportunity to maximize investment returns. Already booked through June 2024 with premiere management in place, you can start making money as soon as you close! Property and NOOSTR permit are held in a single LLC. Building is zoned MUG and openly allows to short term rental.
Property Details and Features
- Appliances & Equipment
- Description: “Dishwasher”, “Disposal”, “Dryer”, “Microwave”, “Refrigerator”, “Washer”
- Basement
- Description: “Slab”
- Bathrooms
- Full Bathrooms: 3
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 3
- Building
- Finished Area Above Grade: 1171
- Area: 1171
- Building Area: 1171
- Construction Materials: “ICFs (Insulated Concrete Forms)”
- Levels: “One”
- Stories: 1
- Year Built: 2022
- Year Built Details: EXIST
- Effective Year built: 2022
- Cooling
- Details: “Electric”
- Exterior Features
- Features: “Balcony”
- Floors
- Flooring: “Tile”
- Garage
- Garage Spaces: 1
- Heating
- Heating: “Electric”
- Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 710
- Description: “Insurance”, “Sewer”, “Trash”, “Water”
- Laundry
- Description: “Electric Dryer Hookup”, “Washer Hookup”
- Listing
- Days on Market: 1
- Listing Price: 1100000
- Status: Active
- Location
- Address: 815 Main St
- Unit: 405
- City: Nashville
- State: TN
- Zip: 37206
- County: Davidson County, TN
- Subdivision: Jolene On Main
- Directions: From I40W, take exit 211B to merge onto I-24 W toward I-65 N, Take exit 47A for E Spring St, turn left onto Main St, turn left onto Neil St to get to the garage.
- Lot
- Acres: 0.04
- Size: 0.04
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 1
- Parking Total: 1
- Schools
- Elementary: Ida B. Wells Elementary
- Middle/Junior High: Stratford STEM Magnet School Lower Campus
- High School: Stratford STEM Magnet School Upper Campus
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Electricity Available”, “Water Available”, “Cable Connected”
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