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Listed by Alexis McNellie • Alpha Residential
$ 2,499,000
Est. payment /mo
Active
1222 Gallatin Ave Nashville, TN 37206
4,750 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $526
Subdivision Sharpe & Horns
MLS Listing ID 3043390
Year Built 1969
Annual Tax Amount $16,044
Lot Dimensions 61 X 201
Property Description
INVESTOR ALERT! Don't miss this rare opportunity to own a fully turnkey 7-unit Non-Owner Occupied Short-Term Rental (NOO STR) property in the heart of East Nashville - one of the city's most dynamic and sought-after neighborhoods! Welcome to The Kaleidoscope - East Nashville, a boutique STR development featuring one 4-bedroom/4-bath unit and six 1-bedroom/1.5-bath units, each recently renovated and thoughtfully curated to capture the energy and creativity of Nashville's thriving vacation rental scene. Every themed unit boasts its own unique personality with Instagram-worthy design moments throughout - from vibrant interiors to the building's playful exterior. Perfectly positioned directly across from Southern Land Company's 16+ acre, multimillion-dollar mixed-use development, this property offers exceptional walkability to East Nashville favorites like The Wash, Pearl Diver, Tower Market & Deli, Zenshi Sushi, Pelican & Pig, Eastside Banh Mi, and Highland Yards, plus OrangeTheory Fitness, Publix, and Starbucks just steps away. Zoned MUG-A, the site allows for redevelopment up to 7 stories / 105 feet in height, providing not only strong immediate cash flow potential but also significant long-term value for future development.
This is your chance to secure a high-performing, design-driven STR investment in one of Nashville's fastest-growing areas. The Kaleidoscope awaits!
This is your chance to secure a high-performing, design-driven STR investment in one of Nashville's fastest-growing areas. The Kaleidoscope awaits!
Location
State TN
County Davidson County
Zoning MUG-A
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Hattie Cotton Elementary
Middle Schools Jere Baxter Middle
High Schools Maplewood Comp High School