$860,000

Quadruplex In Nashville

  • 3,156 Sqft
  • Updated: July 27
  • Source:
    Realtracs  MLS#3288626

About the Property

Exceptional Investment Opportunity in Sylvan Heights

Income-producing quadplex in the highly desirable Sylvan Heights neighborhood with immediate upside potential. The property consists of four units with a strong rental history. All tenants are currently on month-to-month leases and have been long-term residents for 2–5 years, providing flexibility for an investor to continue operating a
Exceptional Investment Opportunity in Sylvan Heights

Income-producing quadplex in the highly desirable Sylvan Heights neighborhood with immediate upside potential. The property consists of four units with a strong rental history. All tenants are currently on month-to-month leases and have been long-term residents for 2–5 years, providing flexibility for an investor to continue operating as a rental or pursue redevelopment.

Current rents are below market, creating an opportunity to increase cash flow through rental adjustments or value-add improvements. Recent capital improvements include two new HVAC systems and some other appliances wtihin the past 24 months.

The property is zoned RS5 and currently has three utility meters. Buyers should verify redevelopment possibilities with Metro Codes to determine what may be built if the existing structure is removed.

Located just minutes from downtown Nashville with convenient access to restaurants, shopping, parks, and major thoroughfares.

Showings by accepted contract only. No low-ball offers, please. Not THAT motivated:)
  • Property type

    Other

  • Floors

    2

  • Year built

    1945

  • Price/sqft

    $272

Features

  • Investment Property
  • Parking
  • Washer Dryer

Explore the Area

300 37th Ave N, Nashville, Tennessee, United States View on Google Maps
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eXp Realty - Franklin

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eXp Realty - Franklin
Tennessee, United States
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eXp Realty - Franklin
Franklin, Tennessee, United States
View agency profile
Last updated
July 27
First listed
Jul 27
Listing reference
3288626
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