245 Hermitage Avenue #205
Nashville, TN 37210
987 sqft | 2 beds | 2 baths | 0.20 acres | #2936526
Description
This is Nashville's most exciting new boutique short-term rental building. Sophisticated and design-forward, Neopolitan is located just one mile from Broadway and purpose-built for maximum profitability and elevated guest experience. With a prime location placing your guests in the heart of everything Nashville has to offer, Neopolitan features a rooftop skylounge with fire tables, foosball, and panoramic views of the downtown skyline. Guests will enjoy a truly unique stay with rich interior finishes, high-tech building access, free on-site parking, 24/7 gym access, and beautifully curated common areas. A generous layout in this unit sleeps eight and offers the flexibility to customize your design direction. Ask about design credits and conventional financing options. Photos shown are of a similar unit. For investors, Neopolitan offers more than just rental income. Thanks to recent legislation, bonus depreciation for short-term rental properties like this one is back at 100%. This allows qualified buyers to potentially save over $100,000 in year-one taxes, making this one of the most powerful wealth-building tools available in today’s real estate market. When combined with cashflow and appreciation from proximity to major developments, Neopolitan delivers a smart, tax-advantaged investment in the heart of Music City.
Property Details
- InteriorCeiling Fan(s), Smart Thermostat, High Speed Internet
- Exterior MaterialsSmart Light(s), Smart Lock(s), Balcony
- Utility FeaturesElectricity Available, Water Available
- High SchoolPearl Cohn Magnet High School
- Middle SchoolJohn Early Paideia Magnet
- Elementary SchoolJones Paideia Magnet
- CountyDavidson County, TN
- Sewer InformationPublic Sewer
- SubdivisionNeopolitan
- Property SubtypeFlat Condo
- Property TypePurchase
- Original List Price$749,900
- MLS #2936526
- MLS #2936526
- Utility SourcePublic
- Cost749900
- Lot DescriptionLevel
- ViewCity
- BasementSlab
- Year Built2024
- Acres0.2
- Square Feet987
- Hoa Fees411
- Taxes Annual$0
- Bedrooms2
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Grant Hammond, Broker, ABR, SRS, SFR, ePRO (#RTC3722)
Listing Office: Compass RE (#RTC4607)
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