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300 37th Ave N, Nashville, TN, 37209

24beds
18baths
3,156sqft
$860,000
$272price/sqft
$5,242/moest. monthly cost
$209,680/yrincome needed

About This Home

Exceptional Investment Opportunity in Sylvan Heights Income-producing quadplex in the highly desirable Sylvan Heights neighborhood with immediate upside potential. The property consists of four units with a strong rental history. All tenants are currently on month-to-month leases and have been long-term residents for 2–5 years, providing flexibility for an investor to continue operating as a rental or pursue redevelopment. Current rents are below market, creating an opportunity to increase cash flow through rental adjustments or value-add improvements. Recent capital improvements include two new HVAC systems and some other appliances wtihin the past 24 months. The property is zoned RS5 and currently has three utility meters. Buyers should verify redevelopment possibilities with Metro Codes to determine what may be built if the existing structure is removed. Located just minutes from downtown Nashville with convenient access to restaurants, shopping, parks, and major thoroughfares. Showings by accepted contract only. No low-ball offers, please. Not THAT motivated:)

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

8/10
West End Middle SchoolGrades 6-81.2 mi
6/10
Hillsboro High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Asphalt
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Individual,Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 18

Features

  • Flooring: Carpet,Wood
  • Finished area below ground: 456
  • Finished area above ground: 2,700

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric,Gas,Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,156
  • Total interior livable area: 3,156 sqft

Property

Details

  • Parcel number: 09213033300
  • Attached to another structure: Yes
  • Zoning: RS5
  • Special condition: Owner Agent

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 7,980 sqft
  • Lot size dimensions: 57 x 140

Parking

  • Total spaces: 5
  • Parking features: Driveway,Gravel
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5