600A 41st Ave, N
$555,000
Welcome to this thoughtfully designed, commercially-zoned and successfully operating non-owner occupied short-term rental opportunity. This purpose-built property is crafted for maximum profitability, featuring stylish finishes, and an ideal location in the heart of one of Nashville's fastest-growing neighborhoods. The Nations/Charlotte Ave area is booming with new developments, including a new Publix, Toll Brothers, LIV Development, CA South, and more just minutes away. 8 minutes by Uber to Broadway and 5 minutes to Midtown, this prime location attracts both short-term renters and long-term investors.
Located in an Opportunity Zone and zoned OR20, this property is a fantastic 1031 Exchange opportunity and may qualify for accelerated depreciation in the first year of ownership. With 7 other successful STR properties in the area from the same owner listed on AirBNB and VRBO, this property is poised for success. Detailed pro formas are available upon request--don't miss out on this incredible investment opportunity!
Fully furnished and operating--seller is willing to help buyer with NOO STR permitting process to minimize downtime after closing. If buyer keeps property with current management, Airbnb/VRBO reviews and ratings will stay.
Can be sold as a package including any of the following: 4024 Delaware Ave, 4026 Delaware Ave, 4005A&B Indiana Ave, 4007B Indiana Ave, 4009B Indiana Ave, 600A&B 41st Ave N, 606A&B 41st Ave N.
(NOO STR Airbnb/VRBO)
Seller willing to make upgrades with an acceptable offer. If used as primary residence instead of a STR, state and local property taxes will decrease.