Courtesy of AiCRE Real Estate.
Property Description
Prime Investment Opportunity: Unique Mixed-Use Property in the heart of the Nations! NOO STR + Commercial Opportunity. Discover this exceptional cash-flowing investment at 5918 Morrow Rd, Nashville. This property boasts a retail space on the ground floor with a reliable commercial tenant generating $2,995 per month, secured by a guaranteed lease. The upper level features a versatile condo with a private entrance boasting 1800SF 3 BR, 3 BA, and nine and ten-foot ceilings with custom finishes, leading to a walk-out terrace overlooking West Park and the Silos. Call this stunning condo home or capitalize on the booming Airbnb market with potential earnings of $6,000+ per month, in addition to the commercial lease income. Further enhancing this investment, the property comes with an assumable loan at a favorable interest rate, ensuring attractive financing terms. Don’t miss out on this prime opportunity to own a high-yield property in a thriving area!
Open House
Property Details and Features
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Appliances & Equipment
- Description: “Dishwasher”, “Dryer”, “Microwave”, “Refrigerator”, “Washer”
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Basement
- Description: “Slab”
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Bathrooms
- Full Bathrooms: 3
- Half Bathrooms: 1
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Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 0
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Building
- Finished Area Above Grade: 2778
- Area: 2778
- Building Area: 2778
- Construction Materials: “Stucco”
- Levels: “One”
- Stories: 3
- Year Built: 2022
- Year Built Details: EXIST
- Effective Year built: 2022
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Cooling
- Details: “Central Air”
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Floors
- Flooring: “Finished Wood”
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Garage
- Garage Spaces: 0
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Heating
- Heating: “Central”
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Home Owner’s Association
- Dues Frequency: Monthly
- Fee: 304
- Description: “Maintenance Grounds”, “Insurance”, “Trash”
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Laundry
- Description: “Electric Dryer Hookup”
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Listing
- Days on Market: 0
- Listing Price: 1299000
- Status: Active
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Location
- Address: 5918 Morrow Rd
- Unit: 5
- City: Nashville
- State: TN
- Zip: 37209
- County: Davidson County, TN
- Subdivision: 60th And Morrow
- Directions: I 40 to 46th Street Exit. Delaware to Morrow, right on Morrow. Property Is on the right.
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Lot
- Acres: 0.02
- Size: 0.02
- Size Source: Calculated from Plat
- Size Units: Acres
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Parking
- Covered Spaces: 0
- Parking Total: 0
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Schools
- Elementary: Cockrill Elementary
- Middle/Junior High: Moses McKissack Middle
- High School: Pearl Cohn Magnet High School
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Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”
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