503 Coffee St Lot A & B, Nashville, TN, 37208

About This Home

TWO HOMES FOR THE PRICE OF ONE! LISTED BELOW APPRAISED VALUE AT $333/SqFt! (Neighborhood average sold price per SqFt is $403/SqFt). FULLY FURNISHED GUEST HOUSE! NO HOA! 8 MINUTE DRIVE FROM BROADWAY! This beautiful property in historic Germantown was built in 1930. The main house was renovated and expanded in 2016 to include a two-story addition on the rear side of the house featuring a bonus room, 3 bedrooms, 2.5 bathrooms, with the primary suite on the main level. Seller built the 850 SqFt, 1 bed/1.5 bath guest house (DADU) in 2019. The guest house has been used as a long-term and short-term rental. This property has tremendous income producing potential (live in one unit, rent out the other unit as an STR or LTR)! 503A comps are between $4,000-$6,000/month as a longterm rental. 503B comps for around $2,200-$2,400/month as a longterm rental and $300-$400/night as an Airbnb STR. 503A FEATURES: Columns in foyer were rescued from a historic temple in India.These columns are decorative and can be removed. Windows feature plantation shutters. Backsplash in kitchen was added by seller, along with tankless water heater and a new HVAC unit downstairs. All appliances in kitchen are to remain with property, as well as, the washer and dryer in laundry room. The two fireplaces are no longer functional and were sealed off when the home was originally renovated in 2016, however, they could be converted for electric fireplaces. The luxurious primary bathroom suite comes with a marble counter top, marble floor and walls, a large walk-in shower and an antique cast-iron free standing bathtub. 503B FEATURES: Van Gogh "Starry Night" mural on privacy fence adds unique charm for Airbnb guests. Kitchen and bathrooms in guest house have copper fixtures, tiled walls in half bath were handmade in Spain, washer and dryer in laundry room behind hidden door will remain, ALL FURNITURE IN GUEST HOUSE TO REMAIN.