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.***
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.
The median home value in Gallatin, TN is $446,000. This is higher than the county median home value of $246,400. The national median home value is $219,700. The average price of homes sold in Gallatin, TN is $446,000. Approximately 55.84% of Gallatin homes are owned, compared to 37.26% rented, while 6.9% are vacant. Gallatin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gallatin real estate agent to arrange a tour today!
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.