Madison, TN 37115,500 Creative Way #11
Madison, TN 37115,500 Creative Way #11
Madison, TN 37115,500 Creative Way #11
Madison, TN 37115,500 Creative Way #11
Madison, TN 37115,500 Creative Way #11
Madison, TN 37115,500 Creative Way #11
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Listed by Nam Luu • Keller Williams Realty

$425,000

$425,000

Est.Price: ?

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Est. payment /mo

2 Beds

3 Baths

1,198 SqFt


SOLD DATE : 08/11/2023

Key Details

Sold Price $425,000

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,198 sqft

Price per Sqft $354

Subdivision Niche

MLS Listing ID 2550917

Sold Date 08/11/23

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $205/mo

HOA Y/N Yes

Year Built 2020

Annual Tax Amount $2,479

Lot Size 435 Sqft

Acres 0.01

Property Description

Presenting a stunning townhome within the unique Niche complex. High-end finishes and rooftop decks elevate the living experience, offering exceptional amenities for residents. The property's real value lies in its versatile OR-40 zoning, allowing for use as a primary residence, long-term rental, office space, or short-term rental/Airbnb. Notably, Cost Segregation estimates indicate a substantial Year 1 depreciation of nearly $110,000, making it a potentially self-sustaining investment property. Moreover, its convenient proximity, just a $13 Uber ride away from Broadway, enhances its desirability and accessibility to Nashville's vibrant city life.

Location

State TN

County Davidson County

Interior

Interior Features Ceiling Fan(s), Extra Closets, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Laminate, Tile

Fireplace N

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Exterior

View Y/N false

Private Pool false

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Structure Type Fiber Cement, Brick

New Construction false

Schools

Elementary Schools Chadwell Elementary

Middle Schools Gra-Mar Middle School

High Schools Maplewood Comp High School

Others

HOA Fee Include Maintenance Grounds, Trash

Senior Community false

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