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1412 16th Ave N

Nashville, TN 37208
  • $949,000
  • STATUS: Pending
  • ON SITE: 14 Days
  • MLS #: RTC2383670
Pending
UPDATED: 31 min ago
$949,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,878
    SQFT
  • $330
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
Middle School:

Description

Situated in the up-and-coming Elizabeth Park neighborhood in the heart of Nashville just 6 minutes from Downtown, this 100% occupied quadplex underwent a full renovation in 2017. It has 4 units, each with 2 bed/1 bath, a full kitchen and 2 closets. New construction can be seen throughout the nearby streets (right). Rents are stabilized with 3 renewals coming this summer. All tenants have expressed renewal interest. Square Footage: 2,878 Lot Acreage: 0.18 Value-Add Opportunities Rental rates below market Current Avg. Monthly Rate: $1,274 (includes pet fees) Market Rates: $1,425 " $1,500 Zoning: Rs5: Single Family - Ov-Uzo (Urban Zoning Overlay)

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Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Exit Realty Music City, (615) 807-1204). IDX information © 2022 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Exit Realty Music City. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-24T17:05:49.453.

Based on information submitted to the MLS GRID as of 2022-05-24T17:05:49.453. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.exitmusiccity.com/homes/128508191
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1412 16th Ave N Nashville, TN 37208

  • Price: $949,000
  • Status: Pending
  • On Site: 14 Days
  • Updated: 31 min ago
  • MLS #: RTC2383670
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,878
SQFT
$330
$/SQFT
1960
Built
Neighborhood:
D T Mcgavock & Others
County:
Davidson
Elementary School:
Gower Elementary
Middle School:
H G Hill Middle School
High School:
Hillwood Comp High School
Property Description
Situated in the up-and-coming Elizabeth Park neighborhood in the heart of Nashville just 6 minutes from Downtown, this 100% occupied quadplex underwent a full renovation in 2017. It has 4 units, each with 2 bed/1 bath, a full kitchen and 2 closets. New construction can be seen throughout the nearby streets (right). Rents are stabilized with 3 renewals coming this summer. All tenants have expressed renewal interest. Square Footage: 2,878 Lot Acreage: 0.18 Value-Add Opportunities Rental rates below market Current Avg. Monthly Rate: $1,274 (includes pet fees) Market Rates: $1,425 " $1,500 Zoning: Rs5: Single Family - Ov-Uzo (Urban Zoning Overlay)
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 50 X 176 Parking Total 0 View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 2878 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Laminate Heating Central Heating YN Yes

Property Features

Association YN No Building Area Total 2878 Contingent Date 2022-05-19 Gross Income 61164 Inclusions Appln Laundry Features Individual Lot Size Area 0.18 Net Operating Income 47061 New Construction YN No Operating Expense 14103 Pool Private YN No Property Attached YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5128 Total Actual Rent 4822 Water Source Public Year Built Details Renov Zoning Rs5

Offered by Westgate Enterprises. Copyright 2022 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Exit Realty Music City, (615) 807-1204). IDX information © 2022 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Exit Realty Music City. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-24T17:05:49.453.

Based on information submitted to the MLS GRID as of 2022-05-24T17:05:49.453. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Exit Realty Music City
6970 Moores Lane
Brentwood TN, 37027