420 N Water Ave Gallatin, TN ^$ 979,000

420 N Water Ave

^$ 979,000

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420 N Water Ave

Gallatin, TN, 37066

^$ 979,000

Bedrooms8 Baths5.0 Sq 900

Monthly Estimate*

^$ 6,839

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Multi-Family Home for sale in Gallatin, TN

for $979,000 with 8 bedrooms and 5 full baths. This 900 square foot home was built in 1982.

Attention Investors. Rare opportunity to own a Mobile Home park in the heart of Gallatin. All 6 mobile homes have been rehabbed. Sale also includes a tri-plex on site that has also been rehabbed. Another mobile home can be added to raise gross income. All units are currently rented. Grossing $8100 a month. Purchase and have instant cashflow.

Multi-Family Active

Price

^$ 979,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,093

Style

Multi Family

Year Built

1982

Town/City

Gallatin

County/Region

Sumner

MLS | Web ID

2513302

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Utilities Electricity Available Water Available

Possession Close Of Escrow

Zoning MRO

Garage Spaces 0

Construction Materials Aluminum Siding

Year Built 1982

Stories 1

Levels One

Gross Income 8100

County Sumner County TN

Net Operating Income 7600

Operating Expense 500

New Construction N

Property Type Residential Income

Attached Garage N

Subdivision Name 420 North Water Mh Park

Garage Y/N N

Status Active

Directions Take Highway 109 to Gallatin Road. Take right onto Gallatin Road and then left onto North Water Avenue.

High School Gallatin Senior High School

City Gallatin

View Y/N N

Total Units 9

Waterfront Y/N N

Carport Y/N N

Street Name N Water Ave

Elementary School Benny C. Bills Elementary School

Property Attached Y/N Y

Year Built Details RENOV

Tax Annual Amount 1093

Middle/Junior High School Joe Shafer Middle School

Days on Market 339

Building Area Units Square Feet

Standard Status Active

Total Actual Rent 3700

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 900

Full Baths 0

Half Baths 0

Total Bedrooms 0

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 0

Living Area Units Square Feet

Exterior

Water Source Public

Total Parking 0

Inclusions APPLN

Building Area Total 900

Lot Size Units Acres

Covered Spaces 0

Internal Only

Street Number 1 420

* Excluded Features

List By

Lighthouse Realty

Broker

bnyswonger@realtracs.com

Affordability Calculator

$6,930

Per Month

Monthly Principal & Interest: $6,839
Monthly Property Taxes: $91
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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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Nearby

Trends
Schools

Multi-family listings in Gallatin, TN

Average List Price ^$1,026,133

Percent of Sale Price 5%

About Gallatin, TN

38,158 Population

53% Since 2002

^$52,495 Median Income

39.21 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4313314 Elementary School

4313295 Middle School

Gallatin Senior High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/27/2023	$899,000	-5.27%	Price Down
4/27/2023	$949,000		Listed Price

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420 N Water Ave, Gallatin, TN, 37066 is a Multi-Family Home for sale at $979,000 with 900 sqft. 420 N Water Ave has 8 bedrooms, 5.0 baths, and was built in 1982. The property's zip code is 37066 which is in Gallatin, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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420 N Water Ave

Multi-Family Home for sale in Gallatin, TN

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