636 North Water Avenue

Gallatin, TN 37066

$499,900
Price
5
Beds
4
Baths
3,205 Sq. Ft.
$156 / Sq. Ft.
3,205
Sq. Ft.
$156
per Sq. Ft.

Description

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...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.
  1. Listed by Jacob Adcock • The Adcock Group • 6153001217
  2. Listed by Chris Helson • RCH Properties

Property Details for 636 North Water Avenue

Subdivision Name
Douglas Hgts
Waterfront
No
LISTING UPDATED: 08/24/2024 07:33 AM

Property Details for 636 North Water Avenue

StatusActive
MLS #2663455
Days on Market109
Taxes$1,405 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
Lot Size-
CountySumner County

Building Information for 636 North Water Avenue

Stories2Residences4Year Built1944Building Size-Lot Size-

Property Information for 636 North Water Avenue

Summary
Location and General Information
  • Directions: Hwy 31 E in Gallatin to N. Water Ave to 636 on left. Corner of W. Jackson and N. Water
  • Elementary School: Benny C. Bills Elementary School
  • High School: Gallatin Senior High School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Joe Shafer Middle School
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Total Non Garage Parking Spaces: 8.0
  • Garage Spaces: .00
  • Parking Total: 8.00
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: Carpet, Finished Wood
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 113K B 01800 000
  • Structure Type: Quadruplex
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: APROX
Utilities
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Central, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Actual Rent: $725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $680.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $3,055

Property History for 636 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 636 North Water Avenue

Taxable ValueLand$18,560Additions$27,480Total$46,040
Tax Record2023$1,405 ($117 / month)
Home Facts
Total Finished SqFt3,835 SqFtAbove Grade Finished SqFt3,205 SqFtFinished Basement SqFt630 SqFtStories2Lot Size10,920 SqFtStyleDuplexYear Built1944Year Renovated1950CountySUMNERAPN083113K B 01800

Schools near 636 North Water Avenue

This home is within Sumner County School District.
Rating
School
Type
Grades
Distance
Benny C. Bills Elementary School
Public - PK to 5
Joe Shafer Middle School
Public - 6 to 8
Gallatin Senior High School
Public - 9 to 12
R T Fisher Alternative School
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.

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More information about 636 North Water Avenue, Gallatin, TN 37066

636 North Water Avenue is a multi-family home for sale in Gallatin, TN 37066. This property was listed for sale on June 4, 2024 by The Adcock Group, it's currently listed at $499,900. It has been on the market for a total of 109 days and was last sold on December 12, 2012. 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. 636 North Water Avenue is a 5-bed, 4-bath, 3,205 sqft multi-family home built in 1944.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Adcock Group, Jacob Adcock (615.300.1217); RCH Properties, Chris Helson (615.804.5000)

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: 08/24/2024 07:33 AM