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
Bedrooms
3
Bathrooms
2
Home Size
1,986 sqft
Lot Size
0 acres
Year Built
1940
MLS #
2651682
Heating
Baseboard, Central, Natural Gas
Cooling
Central Air, Wall/Window Unit(s)
Pool
No
Days on Market
244
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Listing Details for 156 Park Ave E
Interior Features
Kitchen Information
Appliances: Refrigerator
Cooling Information
Type: Central Air, Wall/Window Unit(s)
Has Cooling: Central Air, Wall/Window Unit(s)
Bathroom Information
Half Bathrooms: 0
Full Bathrooms: 0
Bedroom Information
Main Level Bedrooms: 3
Dining Room Information
Bonus Room Information
Fireplace Information
Has fireplace: No
Flooring Information
Type: Carpet, Laminate
Heating Information
Has Heating: Yes
Type: Baseboard, Central, Natural Gas
Interior Features
Den Information
Living Room Information
Basement Information
Basement Features: Crawl Space
Parking / Garage, School / Neighborhood, Utilities, Location Details
Parking / Garage Information
Garage Spaces: 0
Covered parking space: 0
Has Attached Garage: No
Has Carport: No
Has Garage: No
Total Parking Spaces: 0
Parking Features: Gravel
Utilities Information
Sewer: Public Sewer
Water Source: Public
Waterfront
Is Waterfront Property: No
Senior Community
Is in Senior Community: No
Exterior Features
Green Energy Features
Roof Information
Type: Shingle
Exterior Features
Has Pool: No
Property / Lot Details
Lot Information
Stories: 2
County: Sumner County, TN
Parcel Number: 126F J 01000 000
Property Information
Common Walls (property attached): No
Year Built Details: 1940
Possession: Negotiable
Annual Tax Amount: $1,364
Number of Levels: Two
New Construction: No
Original List Price:: $359,900
Property Sub-type: Single Family Residence
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156 Park Ave E is a Single Family Residence in the neighborhood Sunset View on a acres lot in the Gallatin, TN 37066 in Sumner County, TN. 156 Park Ave E was built in year 1940 and features 3 bedrooms and 2 bathrooms with a total square footage of 1986. 156 Park Ave E has been on the market for 244 days and the most recent list price for this house is $359,900 which is lower than the average list price of amongst similar listings in Gallatin. There are 19 other homes for sale in the vicinity of 156 Park Ave E; 150 E Park Ave, 216 E Park Ave and 128 W Morningside Dr. The elementary school near 156 Park Ave E is Vena Stuart Elementary, for Middle
school, Rucker Stewart Middle and High School it's Gallatin Senior High School. The MLS ID for 156 Park Ave E is RTC2651682. Nearby things to do include Joanna’s Hair & Furniture Etc, El Mariachi Taqueria’s, La Hispana Market, Saint Mena, Phone Zone, Car and Truck Depot, Golden China Restaurant, Garcia’s Taqueria Grill, Ma & Pa’s Upholstery, La Union.