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1508 Jones Ave Nashville, TN 37207

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Source: https://www.intero.com
For Sale
$550,000

Rare Opportunity to Own a Renovated DUPLEX in East Nashville!

Property size:
1,404 SF

Property Features for 1508 Jones Ave

General Information

Property type
Multifamily properties
Square Feet
1,404 SF
Price / Square Foot
$391
Total Parking Spaces
8
Elevators
N/A
Net Operating Income
$48,400

Building Details

Year Built
1981
Buildings
1
Stories
2

Overview

Renovated Duplex in East Nashville

This renovated duplex in East Nashville presents a rare opportunity. The property features a total of 4 bedrooms and 2 baths, with each unit containing 2 bedrooms and 2 baths. Separate utility meters are in place for water and electric. The location is walkable to Highland Yards shops, restaurants, and gym, as well as All People coffee, Southern Grist, and Golden Pony. The property has a great rental history and excellent reviews, making it suitable for investors or an owner-occupant looking to live in one side and rent out the other on a monthly or short-term basis. Renovations, updates, and upgrades were completed throughout in 2022. Unit B features white quartz counters, new cabinets, new flooring, and a fully renovated bathroom with new tile and designer finishes, along with a privately fenced-in yard. Unit A includes newer Formica counters, new flooring, and a renovated bathroom with many upgrades. Both units have new energy-efficient wall heat and AC units. New fencing provides privacy and separates the backyard outdoor space. Parking is available for 8 cars, with 4 spaces per unit. Currently used as a 30+ day furnished rental, the property does not require a short-term rental permit for rentals of this duration. An owner-occupant could obtain a short-term rental permit for one side and reside in the other. Unit B is currently vacant. The property size is 1404 square feet. Unit B rents for $2400 per month on Airbnb, and Unit A is rented for $1975 per month through October 25th.

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Residential income homes

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Location Insight

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City
Nashville
State
Tennessee
Longitude
-86.7553801
Latitude
36.2184751

FAQs

What type of property is this?
Multifamily property - Rare Opportunity to Own a Renovated DUPLEX in East Nashville!
Where is this multifamily property located?
The property is located at 1508 Jones Ave Nashville, TN.
What is the asking price?
The asking price for this property is $550,000.
More about this property
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