$1,050,000

401 Mcadoo Ave

Nashville TN, 37205

Description

Leased through 6/2020! Generating $7200 per month in class A area. being sold at 7.4% cap rate after expenses. Two units are only a year old and deeded separately for added flexibility. Other address is 403 McAdoo Ave. Fenced Yards, everything in fine working order. Great passive income in area that should perform well long term. Greenway steps from prop. Dog park/Centennial Park so very close. Sylvan Park amenities super close. Don't disturb tenants. No sign in yard. Advanced notice to sho

Details

MLS#2028468
Sub-TypeResale
StatusUnder Contract - Showing
Year2018
Days On Site188

Features

SQ Feet2,236
Water FrontF
Property ViewF

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Area Information

StateTN
CountyDavidson County
CityNashville
Zip Code37205
Area2 - Davidson County (I-65 to Charlotte Pike)
Listing VS Median (in 37205)
Price:
$1,050,000
low | high
Med:
$649,900
88.104761904762% of Average
SqFt:
2,236
low | high
Med:
2,940
18.515205724508% of Average
$ / SqFt:
$470
low | high
Med:
$221
100% of Average
On Site:
188
low | high
Med:
213
88.262910798122% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 1,500 - 2,500
Listing Updated: 10/05/2019
MLS Number: 2028468
Listing Provided By:
Gary Ashton  of  The Ashton Real Estate Group of RE MAX Advantage

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Nashville Association of REALTORS®.