1605 12th Ave N, Nashville, TN 37208

Triplex near downtown Nashville perfect for investors! Strong sturdy foundation and structure. Neighborhood is appreciating quickly with new construction across the street and on adjacent blocks. The triplex is currently a group home generating $4200/mo and tenants are on a month-to-month lease. Property has a 14% cap rate. If converted back to a functional triplex, rents can be held for $1,200-$1,400 per unit without any add'l improvements. Current format has 7 bedrooms and 4 bathrooms.