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… Read More 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. Owner/Agent. Call me direct for a private showing. 615-887-1938 Read Less
Courtesy of SimpliHOM.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Single Family Residence
Beds
8
Full Baths
7
Partial Baths
1
Square Ft.
4,774
Lot Size
0.33 Acres
Year Built
1930
MLS Number
RTC2991179
30 Days Snapshot Of 37212
$663k
-20%
(avg) sold price
16
-20%
homes sold
79
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Gas Oven", "Gas Range"
Basement
Description: "Unfinished"
Building
Finished Area Above Grade: 4294, Area: 4774, Building Area: 4774, Construction Materials: "Brick", "Stone", "Stucco", Levels: "Three Or More", Stories: 2, Year Built: 1930, Year Built Details: Historic
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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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