964 N 1st Ave, Nashville, TN 37201

$600,000
2
BD
2
BA
996
SqFt

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List Price
$600,000
Status
ACTIVE
Days on Market
39
MLS#
3322412
Subtype
Residential
Year Built
1986
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
996
Subdivision
Riverfront

Property Description

Perched on the top floor with sweeping river views, this fully furnished condo offers a rare NOO STR permit in the heart of Nashville. With modern finishes and transferable bookings, this property is a true plug and play investment or an ideal city retreat. Just steps from Germantown, the Farmers Market, and Bicentennial Park, you'll be immersed in Nashville's most vibrant lifestyle while still enjoying a private, boutique community feel. You are in the MIDDLE of Nashville's next boom, with the new $2.1 billion Nissan Stadium, Oracle's massive River North campus, and the planned Oracle pedestrian bridge connecting Germantown to the East Bank all rising around you, letting your guests walk to it all. Stroll to a Titans game, grab dinner in Germantown, and hit Broadway without ever moving the car. This top performing, very profitable, active Airbnb along the Cumberland River puts you at the center of the largest transformation Nashville has ever seen. The building offers covered parking, a pool, and a gym for your guests. This fully operational, NOO permitted short term rental is eligible for Airbnb and VRBO and is being sold fully furnished with transferable future bookings, making it a true plug and play investment in one of the strongest STR markets in the country. Located just 1 mile from Broadway and the stadium, and within 1 to 2 miles of Downtown Nashville, River North, Top Golf, First Horizon Park, Brooklyn Bowl, Bicentennial Park, and Germantown, you'll be walkable to many of Nashville's top attractions today. Buy in the middle of the boom, not after it. Turnkey income today, plus long term appreciation upside as billions in development come online around you. Ask us for the proforma, projections, and revenue history on this NOO STR. A cost segregation study may also be available to accelerate depreciation and offset income, improving overall cash flow for investors.

Additional Information

Exterior Features
Balcony, Gas Grill
HOA Frequency
Monthly
Exterior Construction
Other
Stories
1
Pool
Yes
Pool Type
In Ground
Parking Features
Unassigned, Asphalt
Elementary School
Jones Paideia Magnet
Middle School
John Early Paideia Magnet
High School
Pearl Cohn Magnet High School
View
River, Water

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Calculator source: Real Geeks

Listing courtesy of Compass Tennessee, LLC.

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