1308 Riverwood Dr
Nashville, TN 37216
- 4 beds
- 2 baths
- 2,489 sqft
- ~1/2 acre lot
- $367 per sqft
- 1945 build
- – on site
Attention investors! This fully renovated 4 bed, 2 bath brick home in desirable East Nashville presents a lucrative opportunity with two separate rental income units. The main floor boasts 3 bedrooms and 1 bathroom, while the second floor features a 1 bedroom, 1 bathroom "In-Law Quarters" with its own distinct entrance. With a median pro-forma rental income of $2,650 per month for the main unit and $1,250 per month for the second unit, plus the potential for increased rents through short to mid-term rentals, cash flow is king! The property has undergone extensive renovations, including a new roof, gutters, windows, flooring, and more. Located just 10 minutes from the airport, Opry Mills shopping, and restaurants, and within a 3-minute walk to Dan Mills Elementary, this turnkey home is a must-see investment opportunity. Don't miss out on this beautiful property in a friendly neighborhood with up to 1% Lender Credit available from the Preferred Lender!
Listing courtesy of REALTRACS / Keller Williams Realty Mt. Juliet
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Last updated May 31, 2024
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MLS# 2660964 —
Monthly cost estimate
Asking price
$915,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,899
|
Taxes | $264 |
Insurance | $251 |
Utilities | $217 See report |
Total | $5,631/mo.* |
*This is an estimate |
Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/30/24
May 30, 2024
|
Listed / Active | REALTRACS | $915,000 |