Tennessee
Nashville
245 Hermitage Ave Apt 205

$749,900

245 Hermitage Ave Apt 205, Nashville, TN 37210

2 beds |
2 baths |
987 sqft

Condominium
Built in 2024
8,712sqft lot
—— car garage
$760/sqft
Listed 2 days ago

Property 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.

Listing Status:: Active
Listing Office:: Compass RE : 6154755616
Listing Agent:: Grant Hammond, Broker, ABR, SRS, SFR, ePRO : 6159457123
MLS ID:: 2936526

General: Ceiling Fan(s)Smart ThermostatHigh Speed Internet
Appliances: DishwasherDisposalMicrowaveRefrigeratorElectric OvenElectric RangeSmart Appliance(s)
Laundry: Electric Dryer HookupWasher Hookup
Basement: Slab
Flooring: Tile
A/C: Central AirElectric
Heating: CentralElectric
Fireplace: Fireplaces: 0
Eco/Green Feature: WindowsThermostatInsulation

This listing courtesy of Grant Hammond, Broker, ABR, SRS, SFR, ePRO, Compass RE

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Napier Elementary School

70 Donelson St, Nashville, TN, 37210

Grades PK-4

0.25 miles away

LEAD Cameron College Preperatory School

1034 1st Ave S, Nashville, TN, 37210

Grades 5-8

0.64 miles away

Lead Academy

2835 Brick Church Pike, Nashville, TN, 37207

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.