NOT LISTED FOR SALE
-- Bed
-- Bath
2,310 Sq Ft
0.29 Acres

Last Sold September 05, 2023

Last sale price $750,000 $325 Per Sq Ft

33 Days on Market

Highlights

  • City View
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Property has 1 Level

About This Home

As of September 2023

OPPORTUNITY A+++ in Sylvan Heights! This 4 unit building sits on a .29 acre lot zoned RS5 with 87' of road frontage. Codes has confirmed the lot could have two properties on it. This income producing quadraplex sits on a hillside with urban views and million-dollar homes. IDEAL location, Located 3 miles from downtown Nashville, Only 1 mile to Centennial Park. One mile to Sylvan Supply with 162,000 square feet of retail, dining, and creative office spaces. Less than 1 mile to L& L Market Food Hall! And only 2 miles to Vanderbilt! Remodel the existing building or tear down and build two dream homes!

Last Agent to Sell the Property

MIchele Mazzu

Crye-Leike, Inc., REALTORS License # 341124 Listed on: 06/22/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Marsalis Teague

Blackhaven Group License #332371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85 x 150

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • Property has 1 Level
  • City Views

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Sylvan Park Paideia Design Center Elementary School
  • West End Middle School
  • Hillsboro Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,623
  • Assessor Parcel Number 09213036600

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hortense Place Subdivision

Building Details

  • Operating Expense $10,864
  • Gross Income $43,470
  • Net Operating Income $32,606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1962
  • Inclusions: APPLN,NOFUR
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile, Vinyl
  • Above Grade Finished Sq Ft: 2310
  • Building Area Units: Square Feet
  • Living Area: 2310
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.29
  • Lot Size: 85 X 150
  • Lot Size Units: Acres
  • Parcel #: 09213036600
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 43470
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 32606
  • Number Of Units Total: 4
  • Annual Operating Expense: 10864
  • Total Actual Rent: 3623

Tax Info

  • Tax Annual Amount: 4602

MLS Schools

  • Elementary School: Sylvan Park Paideia Design Center
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: West End Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $750,000 -16.7% $325 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $900,000 -- $390 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2539778

Realtracs