Address
601 Ries Ave, Nashville, TN
Price
$ 3,195,000
Property Attributes
- MLS#3184871
- TypeMulti-Family
- Listing Status Active
- CountyDAVIDSON
- CityNashville
- NeighborhoodCharlotte Park
- Zip37209
- StyleMulti Family
- Year Built2018
- Taxes$ 5423
- Price$ 3,195,000
- Bedrooms12
- Full Bathrooms16
- Half Bathrooms0
- Sqr Footage9644
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description
MOTIVATED SELLER & FINANCING OFFERED!! 5 unit luxury complex, Each unit features 3 bedroom, 3.5 bath 1950 square foot floorplan. The kitchens have granite countertops, stainless steel appliances, (natural gas stovetop) with a washer and dryer as well. All tile bathrooms, showers with double vanity sinks. Each townhome has a two-car garage and is located conveniently to downtown Nashville. Property currently being utilized as a long-term rental but does qualify for STR permits if a new owner would desire. This is a turnkey property that is ready to go. Owner to offer up to $1,000,000.00 in owner financing with acceptable offer. Showings for units can be arranged with an acceptable offer in place.
| Elementary School | Middle School | High School |
|---|---|---|
| Cockrill Elementary | Moses McKissack Middle | Pearl Cohn Magnet High School |
| Price History | |
|---|---|
| 4/30/2026 | Listed $3,195,000 |
General Features
| Living Area | 9644 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Natural Gas |
| Cooling | Central Air,Electric |
| Utilities | Electricity Available,Natural Gas Available,Water Available |
| Possession | Close Of Escrow |
| Zoning | OR-20 |
| Garage Spaces | 2 |
| Construction Materials | Fiber Cement,Brick |
| Year Built | 2018 |
| Tenant Pays | Electricity,Gas,Water |
| Stories Count | 3 |
| Levels | One |
| Gross Income | 192000 |
| OwnerPays | None |
| County | Davidson County,TN |
| Net Operating Income | 160000 |
| Operating Expense | 32000 |
| New Construction | No |
| Property Type | Residential Income |
| Attached Garage | Yes |
| Subdivision Name | Charlotte Park |
| Garage Y/N | Yes |
| Rent Includes | None |
| Status | Active |
| Directions | From I-40 W,take a right off interstate onto White Bridge Rd. Take immediate left onto Robertson Ave. Go about 3/4 mile and complex is on the right on the corner of Ries Ave and Robertson Ave. |
| High School | Pearl Cohn Magnet High School |
| City | Nashville |
| Senior Community Y/N | No |
| Number Of Units Total | 5 |
| Lot Size Units | Acres |
| Elementary School | Cockrill Elementary |
| Property Attached Y/N | Yes |
| Year Built Details | Existing |
| Tax Annual Amount | 5423 |
| Middle/Junior High School | Moses McKissack Middle |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Total Actual Rent | 12800 |
Interior Features
| Flooring | Wood,Tile |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 9644 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Other |
| Below Grade Finished Area Source | Other |
| Above Grade Finished Area Source | Other |
| Above Grade Finished Area Unit Type | Square Feet |
Exterior Features
| Parking Features | Garage Faces Rear |
|---|---|
| Water Source | Public |
| Total Parking | 2 |
| Inclusions | Appliances,Furniture |
| Building Area Total | 9644 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 37209
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions as distributed by MLS Grid. Real estate listings held by brokerage firms other than John Jones Real Estate LLC are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.
