Bought with Benjamin Mark Hirst • Synergy Realty Network, LLC
$600,000
$629,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,075 SqFt
SOLD DATE : 05/08/2025
Key Details
Sold Price $600,000
Property Type Condo
Sub Type Flat Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 1,075 sqft
Price per Sqft $558
Subdivision Illume
MLS Listing ID 2782512
Sold Date 05/08/25
Bedrooms 2
Full Baths 2
HOA Fees $526/mo
Year Built 2019
Annual Tax Amount $7,241
Lot Size 871 Sqft
Property Sub-Type Flat Condo
Property Description
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.
Location
State TN
County Davidson County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate, Tile
Fireplace Y
Appliance Electric Oven, Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Utilities Available Water Available
View Y/N false
Roof Type Membrane
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Fiber Cement,Frame
New Construction false
Schools
Elementary Schools Waverly-Belmont Elementary School
Middle Schools John Trotwood Moore Middle
High Schools Hillsboro Comp High School
Others
HOA Fee Include Exterior Maintenance,Maintenance Grounds,Insurance,Recreation Facilities,Trash
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