245 Hermitage Avenue, Nashville, Tennessee 37210

TN, Nashville
$549,900
  • Canceled Status
  • 593 Days Off Market Sorry Charlie 🙁
  • Residential Property Type
  • 1 Beds Total Bedrooms
  • 1 Baths Full + Half Bathrooms
  • 657 Total Sqft $837/sqft
  • 0.2 Acres Lot/Land Size
  • 2024 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

RARE AIRBNB OPPORTUNITY | PENTHOUSE UNIT IN NEO Neo is a boutique 23 unit condominium building in downtown Nashville, uniquely designed for discerning investors seeking Non-Owner Occupied Short Term Rental (NOO STR) properties. Every aspect of NEO has been thoughtfully engineered to maximize Airbnb income potential. From sunlit open floor plans and integrated bunk nooks (optimizing guest capacity) to durable high-end finishes like quartz countertops, LVT flooring, high-efficiency appliances, LED lighting, CAT6 wiring, and energy-efficient HVAC systems, NEO combines style and functionality for long-term profitability. The building features an inviting lobby, a chic sky lounge, and a rooftop terrace with stunning skyline views—ideal for attracting premium rental rates. Ample parking adds further convenience. Zoned MUL, NEO is a prime vacation rental investment opportunity. NEO’s location is unparalleled: within walking distance of Nashville’s most popular destinations. It’s just 1 mile to Broadway and a short stroll to Ascend Amphitheater, the Convention Center, and the trendy bars and restaurants of SoBro. Perhaps most notably, NEO stands out as the only Airbnb-eligible condo building in downtown Nashville approved for conventional financing, offering investors the flexibility to work with any Airbnb management company they prefer. Secure your spot in one of the most profitable short-term rental markets in the country. Contact us today to learn more about this exceptional investment opportunity!

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 2778715
  • Price: $549,900
  • View: City
  • Full Bathrooms: 1
  • Square Footage: 657 Sqft
  • Year Built: 2024
  • Lot Area: 0.20 Acre
  • Office Name: Compass RE
  • Agent Name: Grant Hammond, Broker, ABR, SRS, SFR, ePRO
  • New Construction: Yes
  • Property Attached: Yes
  • Property Sub Type: Flat Condo
  • Roof: Membrane
  • Listing Status: Canceled
Location Info
  • Street Number: 245
  • Street: Hermitage Avenue
  • City Nashville
  • State TN
  • Zipcode 37210
  • County Davidson County, TN
  • Subdivision NEO Nashville
  • Longitude: W87° 14' 43.4''
  • Latitude: N36° 9' 12.7''
  • Directions: From Downtown Nashville: East on 1st Avenue/Hermitage Avenue past Ascend Amphitheater until you reach NEO on your Right.
  • Unit Number: 402
Features
  • Heating System Central, Electric
  • Cooling System Central Air, Electric
  • Basement Slab
  • Fence Privacy
  • Patio Patio
  • Parking Parking Lot
  • Utilities Electricity Available, Water Available
  • Architectural Style Contemporary
  • Exterior Features Balcony, Smart Lock(s), Smart Light(s)
  • Flooring Tile
  • Interior Features Smart Thermostat, Ceiling Fan(s)
  • Laundry Features Electric Dryer Hookup, Washer Hookup
  • Sewer Public Sewer
Appliances
  • Dishwasher
  • Microwave
  • Refrigerator
  • Disposal
  • Electric Oven
  • Electric Range
  • Smart Appliance(s)
Schools
  • Elementary School: Jones Paideia Magnet
  • Middle School: John Early Paideia Magnet
  • High School: Pearl Cohn Magnet High School
Additional Info
  • Water Source: Public
  • Accessibility Features: Accessible Hallway(s), Accessible Doors, Accessible Elevator Installed
  • Association Amenities: Clubhouse,Fitness Center,Underground Utilities
  • Building Size: 657 Sqft
  • Construction Materials: ICFs (Insulated Concrete Forms), Frame
  • Levels: One
  • Lot Features: Level
  • Lot Size Dimensions: 56 X 154
  • On Market Date: January 15th, 2025
  • Previous Price: $549,900
  • Stories: 1
Financial
  • Association Fee: $250
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Trash, Maintenance Grounds, Water, Exterior Maintenance
  • Association: Yes
Listing Data
  • Mls Status: Canceled
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Mar 27th, 2025 @ 6:22pm
  • Status Change Timestamp: Mar 27th, 2025 @ 6:20pm
mls grid

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