947 Sharpe Ave Nashville, TN 37206

This exceptional investment opportunity presents two renovated, one-story duplexes totaling four units in desirable East Nashville, Tennessee. Built in 1940 and extensively renovated in 2015, the property boasts 2,550 square feet of net rentable space, currently achieving 100% occupancy. The property's strong performance is reflected in a current Net Operating Income (NOI) of $45,464, translating to a 4.84% capitalization rate. Pro-forma projections indicate a potential NOI of $49,000 and a 5.21% cap rate. Each of the four units is priced at $235,000, with the entire property listed at $940,000. Located at 947 Sharpe Ave, Nashville, TN 37206, this Class B property benefits from its prime location in a rapidly developing area, minutes from Broadway, Capitol Hill, and the emerging River North neighborhood. Nearby amenities include a Publix and Starbucks. The property is zoned RS, offering potential for future development, although verification is required by the buyer. This presents a compelling opportunity for long-term growth or redevelopment in a thriving Nashville market. The property's strong cash flow and development potential make it an attractive investment.