Property Details

Property Description

House Hack or Invest! Priced to Sell! Make an Offer Today! Excellent opportunity for investors or owner-occupants seeking a Nashville duplex in a convenient location near Downtown Nashville. Nearly a 10% estimated cap rate based on current and projected rents and known operating expenses. The property also offers potential for Section 8 leasing, if approved and qualified. One side is currently leased through June 2027, providing immediate rental income, while the other side is vacant, move-in ready, and available for an owner-occupant or new tenant. Live in one side while the rental income helps offset your mortgage, or lease both units and maximize the property's investment potential. Both units have separate meters, and the seller's only current monthly expense is approximately $100 for lawn maintenance, helping to keep operating expenses low. In the past few years updates include newer windows, new vapor barrier in April / May, and the roof was replaced in 2021. On the left side, the AC unit outside dates 2020 and the hot water heater is 2020. The Left side is occupied and rents at $1425. The left side has quartz countertops, updated baths, hardwood steps leading upstairs and other updates. The vacant right-side unit is ready for immediate occupancy or leasing. The right side has an older hvac system and hot water heater dated 2015. Strong rental potential, low owner expenses, separate utilities, established rental income, and a prime Nashville location make this a compelling opportunity at the new reduced price.