3734 Baxter Ave, Nashville, TN 37216 For Sale

Description

Investor opportunity in the heart of Inglewood. This triplex at 3734 Baxter Avenue features three separate units and strong rental potential in one of East Nashville’s most convenient neighborhoods. Roy's Tavern & the new ML Rose are walking distance around the corner! The property includes two 1 bedroom / 1 bathroom units and one 3 bedroom / 2 bathroom unit. The three-bedroom unit is currently leased for $2,000 per month, one of the one-bedroom units is leased for $1,000 per month, and the second one-bedroom unit is currently vacant, providing immediate upside for an investor or potential flexibility for an owner-occupant. Several capital improvements have been made to the property, including a new HVAC system and water heater, replacement of the main water line to the street, installation of a mini-split system, and recent AC repairs. Additional updates include new cabinetry in the upper unit kitchen, basement bathroom tile installation, and the purchase of a washer and dryer in 2023 that will convey. Gutter guards were also installed in 2024. Located in the highly sought-after Inglewood area of East Nashville, the property offers convenient access to neighborhood restaurants, coffee shops, parks, and downtown Nashville. With a mix of occupied and vacant units, this property presents an attractive opportunity for investors seeking stable income with room for rental growth. Buyer to verify all pertinent information. Showings scheduled with an accepted offer. See flyer attached in Documents for more info.