Courtesy of Realty One Group Music City.
Property Description
Welcome to HYVE Nashville! Take in this breathtaking condo in the heart of Music City! Fully furnished and currently being rented with a NET CAP RATE OF 6.9% this unit is zoned with the intent of AIRBNB/VRBO in mind. Use it as your home or as a NOO Non owner occupied short term rental. Located minutes from the Gulch and Downtown, you’ll always be striking distance to all the city has to offer. Should you want to relax at home, there’s plenty to do at HYVE with the modern stylings, numerous community amenities including an outdoor pool, cabana style seating, outdoor kitchen/grille, ping pong, as well as a full gym and thoughtful gathering areas. One of the last remaining one bedroom condos, this is one you don’t want to miss! Currently Monday through Thursday is being used as a corporate rental, weekends are being used as an airbnb rental. NET CAP RATE: 6.9%!
Property Details and Features
- Appliances & Equipment
- Description: “Dishwasher”, “Disposal”, “Dryer”, “Microwave”, “Refrigerator”, “Washer”
- Basement
- Description: “Slab”
- Bathrooms
- Full Bathrooms: 1
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 1
- Main Level Bedrooms: 1
- Building
- Finished Area Above Grade: 743
- Area: 743
- Architecture: “Contemporary”
- Building Area: 743
- Construction Materials: “Frame”
- Levels: “One”
- Stories: 1
- Year Built: 2023
- Year Built Details: EXIST
- Effective Year built: 2023
- Cooling
- Details: “Central Air”
- Exterior Features
- Features: “Balcony”, “Smart Lock(s)”
- Patio Features: “Covered Deck”
- Floors
- Flooring: “Finished Wood”, “Tile”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Central”
- Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 416
- Description: “Maintenance Grounds”, “Recreation Facilities”, “Sewer”, “Trash”
- Listing
- Days on Market: 49
- Listing Price: 639000
- Status: Active
- Location
- Address: 635 7th Ave, S
- Unit: 418
- City: Nashville
- State: TN
- Zip: 37203
- County: Davidson County, TN
- Subdivision: Hyve
- Directions: Take 8th to Drexel to 7th Avenue South. Hyve is located on the right.
- Lot
- Size Units: Acres
- Parking
- Covered Spaces: 0
- Parking Total: 0
- Schools
- Elementary: Jones Paideia Magnet
- Middle/Junior High: John Early Paideia Magnet
- High School: Pearl Cohn Magnet High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”, “Cable Connected”
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