$835,000
$849,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,118 SqFt
SOLD DATE : 09/01/2023
Key Details
Sold Price $835,000
Property Type Condo
Sub Type Other Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,118 sqft
Price per Sqft $746
Subdivision Illume
MLS Listing ID 2545407
Sold Date 09/01/23
Bedrooms 2
Full Baths 2
HOA Fees $526/mo
HOA Y/N Yes
Year Built 2019
Annual Tax Amount $7,663
Lot Size 871 Sqft
Acres 0.02
Property Description
Investors- Here's your opportunity to own the rare 2BR/2BA unit for sale in SHORT-TERM RENTAL cash cow, ILLUME. 1 BR units are for sale often, but only two 2BR units were for sale in the last 18 months! ILLUME is short term rental managed by Vacasa or you can self manage. FEATURES: secure access, courtyard pool/lounging area, grilling area, fitness center, turf dog walk. Prime location on the edge of downtown in Gulch View. Steps away from all the Gulch hotspots, shopping, dining and Broadway fun. Sold fully furnished, turnkey and buyer inherits 2023 bookings. This unit grossed $127k in 2022 at 75% occupancy (15% cap rate ). Purchase includes 2 deeded parkings spaces in the secure, gated parking garage.
Location
State TN
County Davidson County
Rooms
Main Level Bedrooms 2
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Laminate, Tile
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Exterior
Garage Spaces 2.0
Pool In Ground
Waterfront false
View Y/N false
Parking Type Attached - Side
Private Pool true
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Waverly-Belmont Elementary School
Middle Schools John Trotwood Moore Middle
High Schools Hillsboro Comp High School
Others
HOA Fee Include Exterior Maintenance, Maintenance Grounds, Recreation Facilities, Trash
Senior Community false
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