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Dennis Garrison

dennisgarrison@kw.com +1(270) 535-3312

Listed by Tushar Parbhu • TAP REALTY PLLC

$ 499,900

Est. payment | -/mo

3,192 SqFt

Save

$ 499,900

Est. payment | -/mo

Save

3,192 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,192 sqft

Price per Sqft $156

Subdivision Brush Hill

MLS Listing ID 3547156

HOA Y/N No

Year Built 1984

Annual Tax Amount $2,543

Lot Dimensions 164X153

Property Description

Fully occupied income generating QUADPLEX asset! $51,960 in annual rent income! 9.1% cap rate with the expenses mentioned below. Each unit is individually metered! Utilities are paid by tenant and trash is provided by the city. Great house hacking opportunity, live in one unit and rent the others out to pay the mortgage! Rents are as follows $1,200 ( expires 8/31/2027) , $1,025 ( expires 5/31/2027), $1,025 ( expires 12/30/26) , $1,080 ( expires 6/30/27).Property tax is $2,543 a year , insurance is $2,664 a year. Sellers had an inspector do a report last month and has fixed/updated the issues. Each unit has washer and dryer hook ups( tenants bring and maintain their own washer and dryers). Landlord provides refrigerator, stove/range, pest control ( seller pays $60 a month), landscaping ( $200 a month for 6 months of the year), and HVAC. HVAC ages are unknown however sellers fix and replace the units as needed. No major deferred maintenance as maintenance requests are promptly addressed. Metal roof (age unknown but is in great shape). CAN CONTACT AGENT FOR ACCESS FOR SOME VIDEO WALKTHROUGHS OF TWO UNITS. DO NOT DISTURB TENANTS, SHOWINGS ALLOWED AFTER SIGNED CONTRACT RECEIVED AND APPROVED BY SELLERS. Seller is NOT entertaining seller financing. Buying agent to verify all information in this listing for accuracy. Agent/Broker has a personal interest in this property.

Location

State TN

County Sumner County

Zoning R-15

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Luxury Vinyl

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Vena Stuart Elementary

Middle Schools Rucker Stewart Middle

High Schools Gallatin Senior High School

Others

Senior Community false

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 535-3312

dennisgarrison@kw.com

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147 Brush Hill Ct Gallatin, TN 37066