This Is Your Opportunity To Own 13.7 Choice Acres In the Hottest Location In Middle TN. Property is being sold including 161 Jennings Rd. Giving it a total of 13.7 Acres and 5 Rentals! Two Ponds! So many options with this property! Tear Down and Build 1 or 2 Dream Homes, Located Just One Minute From One Of The Best Schools In Middle TN. Located just a couple of Minutes from shopping and eateries. Or Turn This Into Your Next Long Term Investment! Very Limited Land/Investment Innovatory In This Prime Area. Do Not Let This Opportunity Pass.
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.***
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".
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.
Gallatin is located in Tennessee. Gallatin, Tennessee has a population of 34,495. Gallatin is less family-centric than the surrounding county with 29.76% of the households containing married families with children. The county average for households married with children is 33.28%.
The median household income in Gallatin, Tennessee is $53,794. The median household income for the surrounding county is $61,584 compared to the national median of $57,652. The median age of people living in Gallatin is 37.6 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 51.6 inches per year, with 4.6 inches of snow per year.