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Key Details
Sold Price $475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,205 sqft
Price per Sqft $148
Subdivision Douglas Hgts
MLS Listing ID 2663455
Sold Date 11/01/24
HOA Y/N No
Year Built 1944
Annual Tax Amount $1,405
Lot Dimensions 70 X 156 M
Property Description
Rare Find!... Great Investment Opportunity for a Multifamily Unit in the heart of Gallatin. Rents are much lower than market rate for 3 of the 4 units. Gross Rents should be closer to $44k per year. Unit 2 is a new tenant and placed at market rent recently. The other 3 units have long time renters. Unit 1 - 2016. Unit 3 - 2018. Unit 4 - 1999. Unit 4 has W/D hook-ups and is 2 bedroom unit. All others are 1 bedroom units. Unit 3 is an efficiency unit. ***Do not bother tenants and do access property without permission.***
Location
State TN
County Sumner County
Zoning Commercial
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Carpet, Finished Wood
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools Benny C. Bills Elementary School
Middle Schools Joe Shafer Middle School
High Schools Gallatin Senior High School
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Josh Nottingham
Agent | License ID: TN - 375410 CA - 01295227
Agent License ID: TN - 375410 CA - 01295227