503 Coffee St LOT A & B, Nashville, TN 37208

This beautiful property in the historic Salemtown/Germantown neighborhood was originally built in 1930 and was completely renovated in 2016. The main house was expanded to 2,407 SF to include a two-story addition on the rear side of the house featuring a bonus room, 3 bedrooms, 2.5 bathrooms, with the primary suite on the main level. Seller added the 850 SF 1 bed/1.5 bath guest house (DADU) behind the main house in 2019. The guest house has been used as a longterm rental and short term rental. This property has tremendous income producing potential (live in one unit, rent out the other unit as an STR or LTR)! Main house rental comps are between $4,000-$5,000/month. Guest house rental comps for around $2,300/month as a longterm rental. MAIN HOUSE FEATURES: Columns in foyer of main house were rescued from a historic temple in India that was being demolished.These columns are decorative and can be removed. Backsplash in kitchen was added by seller, along with tankless water heater. All appliances in kitchen are to remain with property, as well as, the washer and dryer in laundry room. The two fireplaces are no longer functional and were sealed off when the home was originally renovated, however, they could be converted for an electric fireplace. The luxurious primary bathroom suite comes with a marble counter top, marble tiles on floor and walls, a large walk-in shower and an antique cast-iron free standing bathtub. Bonus room and two additional bedrooms and bathroom with double vanities located on second floor. GUEST HOUSE FEATURES: the beautiful "starry-night" mural was commissioned by seller for $7,000 and adds unique charm for potential Airbnb guests. Interior has copper finishes in kitchen and bathrooms, handmade tiles from Spain in half bath, washer and dryer in laundry room behind hidden door will remain, all furniture in guest house to remain. Dining table in guest house, patio furniture, and outdoor grill are negotiable with acceptable offer.