
Nashville, TN 37214
PROPERTY TO SELL AT PUBLIC ONLINE AUCTION - BIDDING ENDS OCT 1ST AT 12:00 NOON. ONLINE ONLY AUCTION - 3 bedroom + basement. Convenient to downtown & BNA. Rent $3,000- 5 bedrooms, 2 bathrooms. TERMS: 10% down day of sale, balance due in 30 days. 10% Buyer’s Premium added to bid to determine final sale price. TAXES: Prorated POSSESSION: With Deed
Property is extensive renovation needed.
Property is 63 years old (>30y bracket) with no documented renovations to kitchen, baths, or systems. The auction status and exterior appearance suggest a need for a full interior rehab and modernization of aging components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21344, living area = 2173.
The property is ideally situated with convenient access to both downtown Nashville and BNA Airport, making it a prime location for commuters and high-demand rental activity.
With a projected rental income of $3,000 per month and a versatile 5-bedroom, 2-bathroom configuration, the property offers an attractive cap rate for seasoned investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The auction format requires a 10% buyer's premium and a rapid 30-day closing, which may exclude buyers who require traditional, lengthy financing contingencies.
Built in 1961, the property likely requires modernization of major systems and aesthetic updates to meet current market standards and maximize its full value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,173 | 2,045.139 |
| Lot Size | 21,344 | 10,890 |
| Price | $0 | $556.0K |
| Price per sq ft | $0 | $305 |
| Built year | 1961 | 1971 |
| HOA | $0 | $133 |
| Days on market | 54 | 70 |
No pricing history data available.