USATNNashvilleVictoria Place1209 Dallas Ave

A - 1209 Dallas Ave, Home with 6 bedrooms, 6 bathrooms and 5 parking in Nashville TN | Image 1

$3,395,000

A - 1209 Dallas Ave, Nashville, TN

Name: A - 1209 Dallas Ave, For Sale in Nashville - eXp Commercial Brokerage
Brand: Community Realty Services, Inc.
SKU: 2950843
Price: 3395000 CAD

Real Estate

For Sale

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665

Key Facts
Description
Map

Key Facts

Type Zero Lot Line

Levels Residential

Size 4525 sqft

Garage Yes

Maintenance Fees

Taxes $7,070

Days Active 23

Approx. Age 1987

Avg. Price Per Sqft $750

MLS® Number 2950843

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Luxury Compound in The Heart of 12 South -- Live, Rent, Expand or STR possible with owner occupation. Rare opportunity in prime 12 South to own all homes at 1209 Dallas Ave (two homes and one apartment). 1209A is a three-bedroom, two-and-a-half bathroom with two car garage. Long-term comps $11, 000/month, Mid-term $15, 000+ (niche mid-term opportunity as not many options in 12 South). 1209A offers separate full one-bedroom/one bathroom apartment over the garage, long-term comps at $2, 200-$2, 700/month, mid-term and STR also. 1209B the two-bedroom/one-and-a-half bathroom has been rented as a mid-term fully furnished corporate rental. Currently rented for $8, 930/mo gross through August 6, 2025. Approved 1, 700 square foot addition in the rear of 1209B. This is not just a rental property, it's a luxury lifestyle asset, a multigenerational opportunity with cash-flow, long-term passive income -- true lifestyle unicorn in the heart of 12 South! Projected $265K-$300K+ annually (long-term and mid-term blended). All units are fully renovated, all hardwoods, modern systems, vaulted ceilings, fireplaces, exposed brick, private courtyard oasis. Perfect for: owner-occupants wanting to offset lifestyle with rental income, investors seeking stable long or mid-term returns with STR potential, multigenerational living, value-add buyers with vision -- development opportunity and great for 1031 exchange buyers. Live in one home while your others cover your lifestyle. Or rent all three and enjoy passive income in a red-hot, unbeatable location. Walk to Sevier Park, all shopping and restaurants in 12 South. Showings by appointment only. Buyer to verify all information.Show Description

MLS® Number2950843

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

ExteriorGas Grill, Storm Shelter

GarageYes

Approx. Age1987

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral, Natural Gas

A/CCeiling Fan(s), Central Air, Whole House Fan

Heating Fuel

Extras

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