Active

603 Morrow Rd Unit: A & B

Nashville TN, 37209

$1,454,706


$556.93 per sqft

Active

4 Beds

3 Baths

2,612 sqft

Residential

Built in 2023

Two Units for Sale, new build, never lived in or rented. Significant Price Adjustment to align as Investment Opportunity. Motivated Seller. Rent both units with landlord permit as long-term rentals - Projected 5.01 Cap Rate @ $279 sf, with Annual Property Operating Data of Equity Build-Up in Year 1 of $11,264 or 3.87%, ask for details. Purchasing Units A & B by same owner, with owner living in one side, qualifies Buyer as STRP-OO eligible, estimated 15.66% Cap Rate, $54.7K Net Operating Income @ 50% occupancy. Built by Jackson Builders. In desirable, walkable The Nations. Well-crafted & designed for today's lifestyles with exceptional interior design choices & accents. Every square inch efficiently utilized, well-thought-out as usable space. Abundant storage. Custom-crafted walk-in closets, stairs, moldings. Engineered wood flooring throughout. Energy efficient tankless water heater, double paned windows. 2+2 Attached garage + parking pad. Walk-out rear deck, stained.

2647439

MLS ID

April 27, 2024

Listed

November 8, 2024

Updated

Map

603 Morrow Rd Unit: A & B
Nashville TN, 37209

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Ceiling Fan(s), Extra Closets, High Ceilings, Pantry, Storage, Walk-In Closet(s), High Speed Internet, Kitchen Island


Appliances

Dishwasher, Disposal, Microwave, Refrigerator


Laundry Description

Electric Dryer Hookup


Floor Description

Finished Wood, Tile


Fireplace

Yes


Fireplace Description

Gas, Living Room


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Exterior Features

Garage Door Opener


Lot Features

Level, Sloped


Architectual Style

Contemporary


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Pearl Cohn Magnet High School


Elementary School

Cockrill Elementary

Other Property Details

Taxes

$1,186


Tax Frequency

Annually


Days on Market

121


Association Fee

$100


Association Fee Frequency

Yearly


Garage

Yes


Garage Spaces

2


Parking

Attached - Front, Assigned, Concrete, Shared Driveway


Parking Total

4


View

No


County

Davidson County, TN


Water Source

Public


Pool

No

Listed by Joyce E. Friedman, Crye-Leike, Inc., REALTORS

 

Based on information submitted to the MLS GRID by Middle Tennessee Regional Multiple Listing Service as of 11/8/2024, 3:58 PM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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