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
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