420 North Water Avenue

Gallatin, TN 37066

$979,000
Price
8
Beds
5
Baths
900 Sq. Ft.
$1,088 / Sq. Ft.
900
Sq. Ft.
$1,088
per Sq. Ft.

Description

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.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.
  1. Listed by Benjamin Phillip Nyswonger • Lighthouse Realty • 6156045698

Property Details for 420 North Water Avenue

Subdivision Name
420 North Water Mh Park
Waterfront
No

Location

Listing Courtesy of Lighthouse Realty, Benjamin Phillip Nyswonger (615.604.5698)
Add your commute
LISTING UPDATED: 04/04/2024 04:25 PM

Property Details for 420 North Water Avenue

StatusActive
MLS #2513302
Days on Market366
Taxes$1,093 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1982
Lot Size-
CountySumner County

Location

Listing Courtesy of Lighthouse Realty, Benjamin Phillip Nyswonger (615.604.5698)
Add your commute

Building Information for 420 North Water Avenue

Stories1Residences9Year Built1982Building Size-Lot Size-

Payment Calculator

$5,434 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,343

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 North Water Avenue

Summary
Location and General Information
  • Directions: Take Highway 109 to Gallatin Road. Take right onto Gallatin Road and then left onto North Water Avenue.
  • Elementary School: Benny C. Bills Elementary School
  • High School: Gallatin Senior High School
  • Levels: One
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Joe Shafer Middle School
  • Mlg Can View: Yes
  • Zoning: MRO
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 113K K 00500 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Aluminum Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 1
  • Year Built Details: RENOV
Utilities
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Unit 1
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $3,700

Property History for 420 North Water Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 420 North Water Avenue

Taxable ValueLand-Additions$675Total-
Tax Record2023$20 ($2 / month)
Home Facts
Total Finished SqFt728 SqFtAbove Grade Finished SqFt728 SqFtStyleMobile / Manufactured HomeYear Built1984CountySUMNERAPN083113K K 00500T004

Schools near 420 North Water Avenue

This home is within Sumner County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Benny C. Bills Elementary School
PublicPK to 5

Joe Shafer Middle School
Public6 to 8

Gallatin Senior High School
Public9 to 12

R T Fisher Alternative School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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420 North Water Avenue is a multi-family home for sale in Gallatin, TN 37066. This property was listed for sale on April 27, 2023 by Lighthouse Realty, it's currently listed at $979,000. It has been on the market for a total of 366 days and was last sold on June 22, 2022. This listing's school district is Sumner County School District. Nearby schools include Benny C. Bills Elementary School, Joe Shafer Middle School and Gallatin Senior High School. 420 North Water Avenue is a 8-bed, 5-bath, 900 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lighthouse Realty, Benjamin Phillip Nyswonger (615.604.5698)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/04/2024 04:25 PM