1103 Harmony Way Unit 49, Nashville, TN 37207

$449,900
3
BD
3
BA
2,027
SqFt

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List Price
$449,900
Status
ACTIVE UNDER CONTRACT
MLS#
3592139
Days on Market
29
Bedrooms
3
Bathrooms
3
Full Bathrooms
3
Living Area
2,027
Lot Size
871
Acres
0.02
County
Davidson

Property Description

NEW PRICE! Opportunity to own a fully furnished 3BR/3BA Nashville property for under $450K with potential for NOO STR eligibility through the MIPA process. With over 2,000 SF, an attached 2-car garage, and a private rooftop deck, the layout offers great potential to be refreshed for Nashville’s group and corporate travel market, from business trips and events to birthday weekends and bachelor/bachelorette stays. It is currently operating as a short-term rental, with the owners also enjoying significant personal use throughout the year. Design concept images are provided, illustrating the property’s potential along with performance data from four comparable 3BR rentals demonstrating year-round booking performance and the potential for this unit when available year-round. Comparable units generated approximately $49K–$78K in after-tax revenue with ADRs of $382–$448. Offered fully furnished and minutes from Downtown Nashville! 1% lender credit with use of preferred lender.

Additional Information

Elementary School
Tom Joy Elementary
High School
Maplewood Comp High School
Living Area
2,027
Subdivision
Lyric At Cleveland Park
Subtype
Single Family Residence
Year Built
2020
Type
Single Family Residential

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Listing courtesy of Bernie Gallerani Real Estate.

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