530 Spencer Ave Gallatin, TN 37066
Three income-producing units in Gallatin with long-term tenants.
Property size:
1,725 SFProperty Features for 530 Spencer Ave
General Information
- Size
- 1,725 SF
Building Details
- Year built
- 1920
Source:
Kw
Listing Agent: Gary Ashton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Gallatin Multi-Unit Investment Opportunity
This multi-unit property at 530 Spencer Ave in Gallatin presents an investment opportunity with three income-producing units situated across two homes. Long-term tenants have occupied the property for over three years each. The main house, constructed in 1920, is divided into two units. Unit 530A, the lower unit, provides approximately 1,150 square feet of living space, including two bedrooms, one bathroom, a large living room, and a separate dining area. The upper unit, 530B, features one bedroom, one bathroom, and a bonus room. A detached single-family home, located at 213 Factory Street, is also included on the property. This home is estimated to be around 800 square feet and contains two bedrooms and one bathroom. New roofs were installed on all buildings in May 2021. The property offers a stable rental history, a solid tenant base, and multi-unit flexibility, providing consistent cash flow and long-term appreciation potential. This property is suited for investors seeking to expand or start a rental portfolio.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Gallatin
- County
- Sumner
- State
- Tennessee
- Longitude
- -86.44723
- Latitude
- 36.38137
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three income-producing units in Gallatin with long-term tenants.
Where is this triplex located?
The property is located at 530 Spencer Ave Gallatin, TN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: - Immediate income-producing multi-unit property with long-term tenants.; - Three units across two homes offer multi-unit flexibility.; - New roofs installed on all buildings in May 2021.