Investment opportunity in Nashville with two income-producing units, tenants in place, and meaningful rental upside. Priced at $369,900, 2504 Highland Trace Dr currently generates $1,700 per month, with one long-term tenant paying $800/month on a month-to-month agreement and the second paying $900/month with a lease through April 2027. Both tenants… Read More are open to staying, offering an investor immediate rental continuity from day one.
Current rents have historically been kept below area rental levels, creating an opportunity for future income growth as leases allow. For buyers looking to house hack, the month-to-month tenancy also provides potential future flexibility to occupy one side while generating income from the other.
Qualified owner-occupants may also be eligible for 100% conventional financing with no PMI through select lending programs. Convenient access to Briley Parkway, Whites Creek Pike and major Nashville corridors adds to the property's long-term rental appeal.
Whether you're adding to an existing portfolio, completing a 1031 exchange or purchasing your first two-unit investment, this property offers immediate income, tenant stability and future upside, all under $370,000. Buyer and buyer's agent to independently verify lease terms, rental information, financing eligibility and future rental projections. Read Less
Courtesy of Compass RE, Ron Hodges, 6154738336.
Listing Snapshot
Days Online
6
Last Updated
Square Ft.
1,664
Year Built
1984
MLS Number
3547811
Additional Details
Building
Built in 1984, Year Built Details: Existing, Living area: 1664, Living area units: Square Feet, Levels: Two, Construction Materials: Vinyl Siding
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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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.
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