$549,500
$560,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
732 SqFt
SOLD DATE : 09/18/2023
Key Details
Sold Price $549,500
Property Type Condo
Sub Type Flat Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 732 sqft
Price per Sqft $750
Subdivision Illume
MLS Listing ID 2535553
Sold Date 09/18/23
Bedrooms 1
Full Baths 1
HOA Fees $265/mo
HOA Y/N Yes
Year Built 2019
Annual Tax Amount $2,994
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Flat Condo
Property Description
Now is your opportunity own a turnkey, fully-furnished non-owner occupied short term rental in Nashville! Nashville recently was named one of the best cities to own a short term rental, & this unit saw an 81% occupancy rate in 2022. This unit is owned by an LLC, & per Metro, the buyer can replace the seller as a member of the LLC, allowing the rental permit to stay in place. So this is a rare opportunity to immediately begin cash flowing on a short term rental. Illume is located just outside downtown near the popular Gulch neighborhood. This pristine development features a stunning pool, gym, dog park, onsite management, & secured parking. $5,600 credit available toward buyer's closing costs & pre-paids with acceptable offer & use of preferred lender, credit not to exceed 1% of loan amount
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Elevator, Extra Closets, High Speed Internet, Smart Thermostat, Utility Connection
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Refrigerator, Washer
Exterior
Garage Spaces 1.0
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Waverly-Belmont Elementary School
Middle Schools John Trotwood Moore Middle
High Schools Hillsboro Comp High School
Others
HOA Fee Include Exterior Maintenance, Maintenance Grounds, Recreation Facilities, Trash
Senior Community false
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1033 Demonbreun St Suite 300, Nashville, TN, 37203, USA