Rare development opportunity in the heart of Nashville! Located at 501 Douglas Ave, this unique property sits on a large corner lot with significant potential for expansion or redevelopment. Previously operated as a sorority house for Alpha Beta Sorority, the property is currently designated for boarding house/dormitory use, offering a variety of possibilities for investors or developers. The existing structure will require a full renovation, with the added benefit that the property can be built or reimagined to the buyer's specifications. Site plans and survey will convey with the sale, providing a strong head start for development. With its prominent corner positioning and generous lot size, this property presents a rare chance to create something impactful in a rapidly growing area.
Listed By
Agency Name: Onward Real Estate
Agency Phone: 6156568599
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 3,524.13 per month $3,115.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
501 Douglas Ave | MLS# 3177684
This single family home located at 501 Douglas Ave, Nashville, TN 37207 is currently listed for sale with an asking price of $1,400,000. This property was built in 1920 and has 7 bedrooms and 3 full baths with 3200 sq. ft. Douglas Ave is located in the Tom Joy subdivision. Search Tom Joy real estate on www.fusion2b.com today.