Price:
$359,900
Beds:
3
Baths:
2
Living Area SqFt:
1,986
Status:
Active
Property Type:
Single Family Residence
Year Built:
1940
Neighborhood:
Sunset View
Days on Website:
193
Courtesy of EXIT Realty Refined.
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Property Description
MOTIVATED SELLER! Cap Rate 8.3%. Seller offering up to 5K in concessions towards closing costs, upgrades, etc. Duplex located near downtown Gallatin. Side 1 is 2 bed/1 bath. Side 2 is 1 bed/1 bath. Zoned commercial, although in residential neighborhood. 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. Being sold AS IS.
Property Details and Features
- Appliances & Equipment
- Description: “Refrigerator”
- Basement
- Description: “Crawl Space”
- Bathrooms
- Full Bathrooms: 2
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 3
- Main Level Bedrooms: 3
- Building
- Finished Area Above Grade: 1986
- Area: 1986
- Building Area: 1986
- Construction Materials: “Wood Siding”
- Levels: “Two”
- Stories: 2
- Year Built: 1940
- Year Built Details: EXIST
- Effective Year built: 1940
- Cooling
- Details: “Central Air”, “Wall/Window Unit(s)”
- Exterior Features
- Features: “Storage”
- Floors
- Flooring: “Carpet”, “Laminate”
- Garage
- Garage Spaces: 0
- Heating
- Heating: “Baseboard”, “Central”, “Natural Gas”
- Listing
- Days on Market: 98
- Listing Price: 359900
- Status: Active
- Location
- Address: 156 Park Ave E
- City: Gallatin
- State: TN
- Zip: 37066
- County: Sumner County, TN
- Subdivision: Sunset View
- Directions: From downtown Gallatin, turn onto S. Water Ave. Turn left onto Park Ave. E. Destination will be on your left.
- Lot
- Size Units: Acres
- Parking
- Covered Spaces: 0
- Parking Total: 0
- Roof
- Description: “Shingle”
- Schools
- Elementary: Vena Stuart Elementary
- Middle/Junior High: Rucker Stewart Middle
- High School: Gallatin Senior High School
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”
Property Map
$359,900 – 156 Park Ave E, Gallatin, TN 37066
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