3811 Gallatin Pike, Nashville, TN 37216

$5,100,000

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List Price
$5,100,000
MLS#
3058856
Days on Market
234
Property Type
Land
Lot Size
25,264
Acres
0.58
County
Davidson County
Status
ACTIVE

Property Description

Check out this unique and well located property! 1 of 4 total lots, 1.74 acres MUL-A zoning and 300 feet of prime frontage (For sale as 3811, 3813, 3815, and 3819 Gallatin Pike), SURVEY COMPLETED, is the perfect mix of make it what you want it to be! 3811 Gallatin Pike - Currently renting out by the room with shared kitchens and baths, this medium-term rental building hosts a total of 11 units with the potential for a 12th, along with a laundry facility, tenant grills, and parking. 3813 Gallatin Pike (4 units) - has 4 studios – 2 in the main building and 2 in the building behind the main building. There are 2 studios and 5 rooms in the main building that need renovating and are not in inventory. 3815 Gallatin Pike (6 units) - has 4 rooms downstairs with a community kitchen, a community room and 2 bathrooms, and upstairs there is a studio and a one bedroom apartment. The upstairs units have a separate entrance. 3819 Gallatin Pike (8 units) - Is a Yellow House with a smaller building behind the main. Package of 4 lots, operating as a total of 28 mid and long term rentals with the potential for many more if renovated. This location offers excellent potential for new construction, such as townhomes, apartment units, or mixed-use developments. Don't miss out on this rare opportunity, close to everything East Nashville has to offer and a bus stop out front. DO NOT DISTURB TENANTS.

Additional Information

Community Amenities
Clubhouse, Sidewalks
Elementary School
Hattie Cotton Elementary
High School
Maplewood Comp High School
Junior High School
Jere Baxter Middle
Lot Description
Level
Lot Dimensions
100 X 250
Sewer System
Public Sewer
Subdivision
Maplewood Home Tract
Tax Amount
$10,198
Water Source
Public
Zoning
MULA
Type
Land

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Calculator source: Real Geeks

Listing courtesy of Oyster Real Estate Advisors.

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