$500,000 in Earnings |10-Unit Turnkey Long Term or Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer… Read More of the property LLC. This boutique 10-unit development generated $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand. The upside doesn't stop at cash flow. Thanks to bonus depreciation available on this asset class, a buyer may qualify for an estimated $1.4M–$1.6M in first-year tax savings, effectively offsetting the down payment (consult your tax advisor to confirm eligibility and benefit based on your specific position). Read Less
Courtesy of simpliHOM, Steve Frye, 6155001175.
Listing Snapshot
Days Online
2
Last Updated
Square Ft.
14,568
Year Built
2007
MLS Number
3302436
Additional Details
Building
Built in 2007, Year Built Details: Existing, Living area: 14568, Living area units: Square Feet, Levels: Three Or More, Construction Materials: Brick
Cooling
Central Air
Floors
Laminate
Garage
20 spaces
Heating
Central
Income
Gross Income: $499,613, Net Operating Income: $499,613
Laundry
Individual
Owner Pays
Electricity, Water
Parking
20 covered spaces, 20 total parking spaces, Basement
Sewer
Public Sewer
Taxes
Annual Amount: $65,440, Zoning: RM20
Tenant Pays
None
Utilities
Water Available, Water Source: Public
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