This is a classic value-add opportunity with long-term tenants on month-to-month leases, each subject to 60 days' notice. Rents are dramatically below market-approximately $1,271 for the one-bedroom unit and $1,318 for the four-bedroom-creating immediate upside potential for an investor willing to reposition the property. With light cosmetic updates and thoughtful improvements, rental income could be increased substantially.Custom-built by the owner approximately twenty years ago, the duplex features vaulted ceilings and an excellent, functional floor plan that lends itself well to modern upgrades. The location is a significant draw, situated just minutes from the shops, restaurants, and services along Gallatin Road, including grocery stores, coffee shops, local eateries, pharmacies, and everyday conveniences, with quick access to East Nashville favorites, downtown, and major commuter routes. This property offers a rare combination of solid construction, under-market rents, and strong long-term income growth potential.
Listed By
Agency Name: Historic & Distinctive Homes, LLC
Agency Phone: 6152283723
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 336.25 per month $0.00 Principal & Interest $336.25 Property Tax $0.00 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
952d Strouse Ave | MLS# 3062154
This multi-family property located at 952d Strouse Ave, Nashville, TN 37206 is currently listed for sale with an asking price of call for price. Search Nashville real estate on www.clhomes.com today.