Amazing opportunity, not seen in decades, to buy a rare Rm40: Multi Family (40 Units An Acre) zoned lot. Directly adjacent to Belmont University w/three (3) sides of egress from 18th Ave South, Magnolia Blvd, & Acklen Ave. The redevelopment possibilities for this land are exciting as the underlying land use policy code of DMI (District Major Institutional) allows for a myriad of uses. The existing multi-family building houses 10 units & could be remodeled for a long term cash flowing hold, but the opportunity here lies in redeveloping your vision for a new building in the shadow of Belmont, Hillsboro Village, and Music Row. This sale also comes with 1810 Magnolia Blvd (vacant Rm40 zoned land). Serious inquiries only please, proof of funds are required for a site visit & building access.
Property Details
Bedrooms
10
Bathrooms
10
Home Size
10,838 sqft
Lot Size
0.24 acres
Year Built
1935
MLS #
2565624
Heating
Other
Cooling
Wall/Window Unit(s)
Pool
No
Days on Market
479
Listed By: Jennifer ArmstrongCompass RE
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Listing Details for 1708 Acklen Ave
Interior Features
Kitchen Information
Cooling Information
Type: Wall/Window Unit(s)
Has Cooling: Wall/Window Unit(s)
Bathroom Information
Half Bathrooms: 0
Full Bathrooms: 0
Bedroom Information
Main Level Bedrooms: 3
Dining Room Information
Bonus Room Information
Fireplace Information
Has fireplace: No
Flooring Information
Type: Finished Wood
Heating Information
Has Heating: Yes
Type: Other
Interior Features
Interior Features: Storage
Den Information
Living Room Information
Basement Information
Basement Features: Other
Parking / Garage, School / Neighborhood, Utilities, Location Details
Parking / Garage Information
Garage Spaces: 0
Covered parking space: 0
Has Attached Garage: No
Has Carport: No
Has Garage: No
Total Parking Spaces: 0
Parking Features: Parking Lot
Utilities Information
Sewer: Public Sewer
Water Source: Public
Waterfront
Is Waterfront Property: No
Senior Community
Is in Senior Community: No
Exterior Features
Green Energy Features
Roof Information
Exterior Features
Has Pool: No
Property / Lot Details
Lot Information
Lot Size Source: Assessor
Lot Size (Acres): 0.24
Lot Size Dimensions: 65 X 170
Stories: 3
County: Davidson County, TN
Parcel Number: 10412023800
Property Information
Common Walls (property attached): No
Year Built Details: 1935
Possession: Close Of Escrow
Annual Tax Amount: $18,609
Number of Levels: Three Or More
New Construction: No
Original List Price:: $5,700,000
Property Sub-type: Other Condo
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1708 Acklen Ave is a Other Condo in the neighborhood Belmont Park Co on a 0.24 acres lot in the Nashville, TN 37212 in Davidson County, TN. 1708 Acklen Ave was built in year 1935 and features 10 bedrooms and 10 bathrooms with a total square footage of 10838. 1708 Acklen Ave has been on the market for 479 days and the most recent list price for this house is $5,700,000 which is lower than the average list price of amongst similar listings in Nashville. There are 19 other homes for sale in the vicinity of 1708 Acklen Ave; 1901 18th Ave, S, 1700 Belcourt Ave and 1704 18th Ave, S. The elementary school near 1708 Acklen Ave is Eakin Elementary, for Middle
school, West End Middle School and High School it's Hillsboro Comp High School. The MLS ID for 1708 Acklen Ave is RTC2565624. Nearby things to do include Belmont Mansion, Graeflin David, Bro ‘n Sis Music, Kristin K Smith Voice Studio, Cellular Properties, Chick-fil-A, Orange Thread Media, Fresh Blends, Curb Event Center, Subway.
