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TJ Anderson

tj@tjandersonhomes.com +1(615) 364-1530

Listed by Adam Lanning • SimpliHOM

$ 2,975,000

Est. payment | -/mo

8 Beds

8 Baths

4,774 SqFt

Save

$ 2,975,000

Est. payment | -/mo

Save

8 Beds

8 Baths

4,774 SqFt

Open House

Sun Sep 14, 2:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,774 sqft

Price per Sqft $623

Subdivision Fairfax Place

MLS Listing ID 2991179

Bedrooms 8

Full Baths 7

Half Baths 1

Year Built 1930

Annual Tax Amount $13,920

Lot Size 0.330 Acres

Lot Dimensions 104 X 160

Property Sub-Type Single Family Residence

Property Description

I have an amazing historic mansion in the heart of midtown. This home would be great for an investor or a large family. The main home consists of six bedrooms, ALL with en suite bathrooms! The additional 2 bedrooms with en-suite bathrooms as well can be accessed via the master bedroom or from a separate entrance on the left side of the home. This apartment has a small kitchenette that would be perfect as an in-law suite. The property has a unique zoning allowing it to short term rented without a STR permit because it was zoned to be a bed and breakfast in 1999. I've been operating as a short term rental for the past 2.5 years and have done very well. 2024 NET income after taxes, management, maintenance, utilities etc was ~$230,000. 2025 numbers will be very similar. At the list price of $2,975,000 you'd be looking at a roughly 7.7% CAP rate. The home can also be lived in and partially rented as there is a two bed, two full bath apartment with a separate entrance attached to the home. You can rent the apartment or use it as in-law suite. I have spent enormous sums of money on hardscaping the front yard and back patio area. The walk out patio is right out of a magazine. This is a home that you MUST see in person. Approximately 70k in furnishings. Home comes furnished with full price offer. Open house this Sunday 9/14 from 2-4pm. Come check it out. Owner/Agent. Call me direct for a private showing. 615-887-1938

Location

State TN

County Davidson County

Interior

Interior Features High Speed Internet

Heating Central

Cooling Central Air

Flooring Wood, Tile

Fireplaces Number 2

Fireplace Y

Appliance Gas Oven, Gas Range

Exterior

Garage Spaces 2.0

Utilities Available Water Available, Cable Connected

View Y/N false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Stone,Stucco

New Construction false

Schools

Elementary Schools Eakin Elementary

Middle Schools West End Middle School

High Schools Hillsboro Comp High School

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2816 Blair Blvd Nashville, TN 37212