Courtesy of Compass RE.
Property Description
Investors, here’s your opportunity to own the rare 2BR/2BA unit in NOO SHORT-TERM RENTAL building ILLUME, for the best price you’ll ever see here again! 1 BR Illume units are for sale often, but only four 2BR Illume units have been for sale in the last 3 years! Illume units can be managed by Vacasa, Grand Welcome, or an owner can self-manage. Features: CORNER UNIT, 10′ ceilings, Pella windows, secure building access, courtyard pool/lounging area, grilling area, dog walk, fitness center. Prime location on the edge of downtown in Gulch View. Walking distance to all the Gulch hotspots, shopping, dining and about one mile from Broadway Ave entertainment. Sold fully furnished and turnkey, including all kitchen appliances, washer/dryer, furnishings and stocking items. This unit grossed $125k in 2022 at 77% occupancy (14.7% gross yield ). The purchase includes two deeded parkings spaces in the secure, gated parking garage.
Property Details and Features
- Appliances & Equipment
- Description: “Dishwasher”, “Disposal”, “Dryer”, “Microwave”, “Refrigerator”, “Washer”
- Basement
- Description: “Other”
- Bathrooms
- Full Bathrooms: 2
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 2
- Main Level Bedrooms: 2
- Building
- Finished Area Above Grade: 1075
- Area: 1075
- Architecture: “Contemporary”
- Building Area: 1075
- Construction Materials: “Fiber Cement”
- Levels: “One”
- Stories: 1
- Year Built: 2019
- Year Built Details: EXIST
- Effective Year built: 2019
- Cooling
- Details: “Central Air”, “Electric”
- Exterior Features
- Features: “Balcony”, “Gas Grill”, “Smart Lock(s)”
- Patio Features: “Deck”
- Fireplaces
- Total Fireplaces: 0
- Floors
- Flooring: “Tile”, “Vinyl”
- Garage
- Garage Spaces: 2
- Heating
- Heating: “Central”, “Electric”
- Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 526
- Description: “Exterior Maintenance”, “Maintenance Grounds”, “Recreation Facilities”, “Trash”
- Laundry
- Description: “Electric Dryer Hookup”, “Washer Hookup”
- Listing
- Days on Market: 2
- Listing Price: 765000
- Status: Active
- Location
- Address: 920 South St
- Unit: 301
- City: Nashville
- State: TN
- Zip: 37203
- County: Davidson County, TN
- Subdivision: Illume
- Directions: From 8th Ave. S., turn west on South St. and the Illume building is ahead on the right.
- Lot
- Features: “Level”
- Acres: 0.02
- Size: 0.02
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 2
- Parking Total: 2
- Pool
- Features: “In Ground”
- Private Pool
- Roof
- Description: “Membrane”
- Schools
- Elementary: Waverly-Belmont Elementary School
- Middle/Junior High: John Trotwood Moore Middle
- High School: Hillsboro Comp High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Electricity Available”, “Water Available”
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