TN > Gallatin > Douglas Hgts
Gallatin, TN 37066,636 N Water Ave
Gallatin, TN 37066,636 N Water Ave
Gallatin, TN 37066,636 N Water Ave
Gallatin, TN 37066,636 N Water Ave
Gallatin, TN 37066,636 N Water Ave
Gallatin, TN 37066,636 N Water Ave
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Jeff Lucas

Jeff Lucas

+1(615) 207-5602
Listed by Jacob Adcock • The Adcock Group
$ 499,900
Est. payment | /mo

3,205 SqFt

Save
$ 499,900
Est. payment | /mo
Save

3,205 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,205 sqft

Price per Sqft $155

Subdivision Douglas Hgts

MLS Listing ID 2663455

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

Waterfront false

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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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(615) 207-5602

jeff@thelucasgrouptn.com

131 Saundersville Rd, Suite 130, Hendersonville, TN, 37075, United States

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636 N Water Ave