156 Park Ave E Gallatin, TN $ 368,000
156 Park Ave E
$ 368,000
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156 Park Ave E

Gallatin, TN, 37066
$ 368,000
Bedrooms3 Baths2.0 Sq 1,986

Monthly Estimate*

$ 2,446

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Multi-Family Home for sale in Gallatin, TN

for $368,000 with 3 bedrooms and 2 full baths. This 1,986 square foot home was built in 1940.

Welcome to this fantastic investment opportunity! This 2 unit duplex is located near downtown Gallatin. Zoned commercial, although in residential neighborhood. Both units currently leased with good standing tenants. Roof, gutters, and front porch railing updated May 2023. HUGE storage building with concrete flooring and electricity. This property presents an excellent opportunity for investors looking to add a reliable income stream to their portfolio or for homeowners looking to offset mortgage costs with rental income.

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Multi-Family Active

Price

$ 368,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,365

Style

Duplex

Year Built

1940

Town/City

Gallatin

County/Region

Sumner

MLS | Web ID

2651683

Features
General
Sewer Public Sewer
Heating Baseboard Central Natural Gas
Cooling Central Air Wall/Window Unit(s)
Utilities Water Available
Possession Negotiable
Roof Shingle
Zoning Commercial
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1940
Stories 2
Levels Two
Gross Income 30900
County Sumner County TN
Net Operating Income 27756
Operating Expense 3144
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Sunset View
Garage Y/N N
Status Active
Directions From downtown Gallatin turn onto S. Water Ave. Turn left onto Park Ave. E. Destination will be on your left.
High School Gallatin Senior High School
City Gallatin
View Y/N N
Total Units 2
Waterfront Y/N N
Carport Y/N N
Street Name Park Ave E
Elementary School Vena Stuart Elementary
Property Attached Y/N Y
Year Built Details EXIST
Tax Annual Amount 1365
Middle/Junior High School Rucker Stewart Middle
Days on Market 6
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2500
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Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1986
Full Baths 0
Half Baths 0
Laundry Features Individual
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Professional Measurement
Above Grade Finished Area Source Professional Measurement
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Gravel
Water Source Public
Total Parking 0
Inclusions APPLN
Building Area Total 1986
Lot Size Units Acres
Covered Spaces 0
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Internal Only
Street Number 1 156
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* Excluded Features
List By
Exit Realty Refined

Broker

aedrealty615@gmail.com

Email

Affordability Calculator

$2,560
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,446
Monthly Property Taxes
$114
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4313303 Elementary School
4313388 Middle School
Gallatin Senior High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$368,000 Listed Price

Map


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156 Park Ave E, Gallatin, TN, 37066 is a Multi-Family Home for sale at $368,000 with 1,986 sqft. 156 Park Ave E has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 37066 which is in Gallatin, TN