Turn-Key Investment Opportunity in South Nashville! Welcome to 500 Paragon Mills Rd, Unit G3a fully furnished, income-producing 2BR/1.5BA townhome with a proven track record of success as a mid-term rental. With a 1% vacancy rate in 2025 and bookings secured through January 2026, this property is ideal for investors looking for immediate cash flow. The spacious two-story layout features two large bedrooms, each with generous walk-in closets, and a comfortable living and dining area ideal for relaxing after long workdays or exploring the city. The layout provides both privacy and functionality, making it a perfect fit for extended-stay guests. The home has consistently attracted traveling healthcare professionals and families in need of 30+ day staysfully compliant with Nashvilles minimum rental regulations. Community amenities include a pool and on-site laundry facilities, located just steps from the front door. Enjoy the convenience of two dedicated parking spaces right outside your unit. All furnishings and fixtures (purchased new in 2023) are included in the salejust take over and keep earning. Showings unavailable while Airbnb guests are in place. Be sure to check out the video tour!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Appliances
- Oven
- Range
- Dishwasher
- Microwave
- Refrigerator
Other Rooms
- Basement Features: Slab
- Basement Description: Slab
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Interior Features
Exterior and Lot Features
- Patio
- Fencing: Privacy
- Patio And Porch Features: Patio
Land Info
- Lot Size Acres: 0.01
- Lot Size Square Feet: 435
Homeowners Association
- Association: Yes
- Association Fee: 338
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 338
School Information
- Elementary School: Glencliff Elementary
- High School: Glencliff High School
- Middle School: Wright Middle
Other Property Info
- Annual Tax Amount: 1025
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From Nashville Take 7th Ave N to 8th Ave S Take 4th Ave S and Nolensville Pk to Melrose Ave Take Grandview Ave to Nolensville Rd/Nolensville Pk Turn right onto Nolensville Rd/Nolensville Pk Turn left onto Paragon Mills Rd
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Canterbury Hall
- Parcel Number: 133110A04300CO
- Subdivision: Canterbury Hall
- Property Subtype: Townhouse
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1094
- Year Built: 1969
- Above Grade Finished Area: 1094
- Building Area Source: Owner
- Building Area Total: 1094
- Building Exterior Type: Brick, Aluminum Siding
- Construction Materials: Brick, Aluminum Siding
- Levels: One
- Property Age: 56
- Property Attached: Yes
- Roof: Asphalt
- Levels or Stories: 2
- Total Above Grade Sqft Area: 1094
- Total Area Sqft: 1094
- Year Built Details: EXIST
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Water Available
- Water Source: Public