Courtesy of Compass RE.
Property Description
SAVVY INVESTORS – this is one of the best priced non-owner occupied short term rental (NOOSTR) opportunities currently available in Nashville. Priced below market for its category, this fully furnished, income generating 3-bedroom, 3-bath townhome offers a rare combination of location, design, and financial upside. With over 1,600 square feet of stylish living space, parking for 3 vehicles, and just 2 miles from Downtown Nashville, this turnkey property is optimized for short term rental success. Designed with premium white oak hardwoods, high-end finishes, and custom bunk beds, it delivers a luxury guest experience that drives repeat bookings and premium nightly rates. Professionally managed by Humming Host, the property allows you to start generating revenue immediately—no setup required. Prefer to manage yourself? That is absolutely an option too! What truly sets this investment apart is its strategic financial advantage: the short term rental bonus depreciation loophole. Unlike traditional long term rentals subject to a 27.5-year depreciation schedule, qualifying short term rentals allow investors to accelerate depreciation—potentially deducting a significant portion of the purchase price in the first year. For buyers who materially participate in operations, this can result in dramatically reduced taxable income, enhanced cash flow, and improved overall ROI. This property isn’t just a smart buy—it’s a smart strategy. For those seeking both strong returns and favorable tax treatment, this is a premier opportunity in one of the most dynamic Airbnb markets in the country. Call us for more details!
Property Details and Features
- Appliances & Equipment
- Description: “Electric Oven”, “Dishwasher”, “Disposal”, “Microwave”, “Refrigerator”
- Basement
- Description: “Crawl Space”
- Bathrooms
- Full Bathrooms: 3
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 1
- Building
- Finished Area Above Grade: 1600
- Area: 1600
- Architecture: “Contemporary”
- Building Area: 1600
- Construction Materials: “Masonite”, “Brick”
- Levels: “Two”
- Stories: 2
- Year Built: 2021
- Year Built Details: EXIST
- Cooling
- Details: “Central Air”, “Electric”
- Exterior Features
- Features: “Balcony”
- Patio Features: “Patio”, “Covered”
- Floors
- Flooring: “Wood”, “Tile”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Central”, “Electric”
- Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 150
- Description: “Insurance”, “Trash”
- Laundry
- Description: “Electric Dryer Hookup”
- Listing
- Days on Market: 25
- Listing Price: 599000
- Status: Active
- Location
- Address: 2022B Herman St
- City: Nashville
- State: TN
- Zip: 37208
- County: Davidson County, TN
- Subdivision: Fisk
- Directions: From the New Oracle Campus, turn right onto Cowan St. Turn right onto Jefferson. Follow Jefferson St for 1.8 miles, then turn left onto Dr. DB Todd Jr Blvd. Turn right onto Hermosa St, left onto 19th Ave N, then right onto Herman St. 2022B Hermon on right
- Lot
- Features: “Level”
- Acres: 0.02
- Size: 0.02
- Size Source: Calculated from Plat
- Size Units: Acres
- Parking
- Covered Spaces: 0
- Parking Total: 3
- Roof
- Description: “Shingle”
- Schools
- Elementary: Park Avenue Enhanced Option
- Middle/Junior High: Moses McKissack Middle
- High School: Pearl Cohn Magnet High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Electricity Available”, “Water Available”
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