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Listed by Alexis McNellie • Alpha Residential
$ 2,499,000
Est. payment /mo
New
1222 Gallatin Ave Nashville, TN 37206
4,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $526
Subdivision Sharpe & Horns
MLS Listing ID 3043390
HOA Y/N No
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
Private Pool 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
Others
Senior Community false
Special Listing Condition Standard
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