Courtesy of Compass Tennessee, LLC.
Property Description
Short-Term Rental, AirBnB property that is an LLC transfer zoned RM-20 (NOO STR) in one of the very best locations for this in Nashville. Complete sklyline views from the 900 square foot rooftop deck that are some of the best in the city. Walkability into the Gulch, a brand new mixed-use development coming in across the street called Alta Rochelle (Look it up!) and another massive development coming 2 blocks away where the Beaman car lot used to be. 4 beds, 3.5 baths, 2 car garage and overflow parking for guests, with endless potential on the roof deck. Financials provided upon request but gross rents were in excess of $144k last year! We can help walk you through the LLC transfer process easily and can assist with 1031 exchanges with the attorneys and professionals we have in place for this. Ask about the massive tax savings on a STR property as it relates to cost segregation and bonus depreciation! If you don’t know about this, the tax savings will blow you away!
Property Details and Features
- Appliances & Equipment
- Description: “Dishwasher”, “Microwave”, “Refrigerator”
- Basement
- Description: “Other”
- Bathrooms
- Full Bathrooms: 4
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 1
- Building
- Finished Area Above Grade: 2208
- Area: 2208
- Building Area: 2208
- Construction Materials: “Brick”
- Levels: “Three Or More”
- Stories: 3
- Year Built: 2016
- Year Built Details: EXIST
- Effective Year built: 2016
- Cooling
- Details: “Central Air”, “Electric”
- Exterior Features
- Patio Features: “Deck”
- Fireplaces
- Total Fireplaces: 1
- Floors
- Flooring: “Finished Wood”, “Tile”
- Garage
- Garage Spaces: 2
- Heating
- Heating: “Central”, “Electric”
- Home Owner’s Association
- Dues Frequency: Annually
- Fee: 400
- Laundry
- Description: “Electric Dryer Hookup”, “Washer Hookup”
- Listing
- Days on Market: 1
- Listing Price: 1299900
- Status: Active
- Location
- Address: 1013 12th Ave, S
- Unit: D
- City: Nashville
- State: TN
- Zip: 37203
- County: Davidson County, TN
- Subdivision: 1013 Gulch View
- Directions: From I-65 North, take Wedgewood Exit, turn left onto Wedgewood, Right on 12th Ave S. Home will be on the left
- Lot
- Acres: 0.02
- Size: 0.02
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 2
- Parking Total: 2
- 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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