Take advantage of bonus depreciation with this non-owner occupant short-term rental (NOO STR) eligible condo which is conveniently located just off 8th Avenue, offering easy access to a diverse selection of restaurants and shops. Walkable to 12 South, eateries and hot spots on 8th Avenue Melrose area. Its a short drive to popular Nashville hotspots such as Broadway, the Gulch, Geodis Park, Vanderbilt, Belmont, Green Hills and the airport. Modern convenience harmonizes with retro charm in this prime location under Berry Hill, offering benefits with fewer restrictions compared to Nashville for permitting. With occupancy rates ranging from 65% to 80%, this property holds the potential to generate in excess of $40,000 in income. Renovated, this unit presents a smart investment opportunity, combining style and functionality. It comes furnished, making it ready for rental, ideal for a part-time resident in Nashville, travel nurses or a college student. The property features a swimming pool and a community patio, perfect for relaxing after a day of exploring the vibrant local attractions. Parking is hassle-free with an on-site parking lot located just steps from the front door, and you can enjoy views of the pool and patio. Take advantage of this opportunity to invest in a property that promises both comfort and a lucrative return.
Approx. square ft.: 418
Property taxes: $1,396/yr.
Flooring: Tile, Vinyl
