Investors- Here's your opportunity to own the rare 2BR/2BA unit in NOO SHORT-TERM RENTAL building, ILLUME. 1 BR units are for sale often, but only three 2BR units have sold in the last three years! Features: CORNER UNIT, secure building and parking garage access, courtyard pool/lounging area, grilling area, dog walk & fitness center. Prime location on the edge of downtown in Gulch View. Walking distance to all the Gulch hotspots, shopping, dining and about one mile from Broadway Ave entertainment. Sold fully furnished and turnkey, including all LG stainless steel kitchen appliances, washer, dryer, furnishings and stocking items. The purchase includes two deeded parkings spaces in the secure, gated parking garage. ILLUME units can be professionally managed by Vacasa, Grand Welcome, or an owner can self-manage. This unit grossed $125k in 2022 at 77% occupancy. The unit is in need of a design refresh, and focused professional or self-management to return to those 2022 numbers. List price reflects the value-add opportunities available with this investment.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
- Bedroom 2 Dimensions: 13 x 13
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Electric Oven
- Electric Range
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Washer
- Laundry Facilities: Electric Dryer Hookup, Washer Hookup
- Laundry Features: Electric Dryer Hookup, Washer Hookup
Other Rooms
- Bedroom 1: 13 x 13
- Living Room Dimensions: 15 x 12
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central, Electric
- Heating: Yes
Interior Features
Kitchen and Dining
- Kitchen Dimensions: 13 x 10
Exterior and Lot Features
Pool and Spa
- Pool Features: In Ground
- Pool Private: Yes
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Garage Description: Attached - Side
- Parking Features: Attached - Side
- Parking Total: 2
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 871
Homeowners Association
- Association: Yes
- Association Amenities: Fitness Center, Pool, Sidewalks
- Association Fee: 526
- Association Fee Frequency: Monthly
- Association Fee Includes: Exterior Maintenance, Maintenance Grounds, Insurance, Recreation Facilities, Trash
- Calculated Total Monthly Association Fees: 526
School Information
- Elementary School: Waverly-Belmont Elementary School
- High School: Hillsboro Comp High School
- Middle School: John Trotwood Moore Middle
Other Property Info
- Annual Tax Amount: 7241
- Source Listing Status: Active
- County: Davidson County, TN
- Directions: From I-65, exit Wedgewood Ave. and go West. Turn Right on 8th Ave S. Turn Left on South St. 920 South St. is ahead on the Right, where you can street park in front of the building.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Illume
- Parcel Number: 105021Q30100CO
- Subdivision: Illume
- Property Subtype: Flat Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1075
- Year Built: 2019
- Above Grade Finished Area: 1075
- Building Area Source: Assessor
- Building Area Total: 1075
- Building Exterior Type: Fiber Cement, Frame
- Common Walls: End Unit
- Construction Materials: Fiber Cement, Frame
- Levels: One
- Property Age: 6
- Property Attached: Yes
- Roof: Membrane
- Levels or Stories: 4
- Total Above Grade Sqft Area: 1075
- Total Area Sqft: 1075
- Year Built Details: EXIST
- Architectural Style: Contemporary
Accessibility Features
- Accessibility Features: Accessible Approach with Ramp, Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s)
Utilities
- Sewer: Public Sewer
- Electricity Available
- Water Available
- Water Source: Public
Home Features
- Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Security Gate, Security Guard, Smoke Detector(s)