USATNGallatin530 Spencer Ave
530 Spencer Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Gallatin TN | Image 1
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$300,000

530 Spencer Ave, Gallatin, TN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1725 sqft
Garage No
Taxes $2,020
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $173
MLS® Number 2981291

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Immediate Investment Opportunity! Multi-unit property in Gallatin! 530 Spencer Ave presents a rare opportunity to own three income-producing units across two homes, with long-term tenants already in place for more than three years each. The main house, originally built in 1920, is divided into two units. The lower unit, 530A, offers approximately 1, 150 square feet with two bedrooms, one bathroom, a large living room, and a separate dining area. The upper unit, 530B includes one bedroom, one bathroom, and a bonus room. In addition to the main house, the property also features a detached single-family home at 213 Factory Street, estimated at around 800 square feet, which includes two bedrooms and one bathroom. Recent upgrades add to the appeal of this investment, with new roofs installed on all buildings in May 2021. The property benefits from a stable rental history, solid tenant base, and valuable multi-unit flexibility, offering both consistent cash flow and strong long-term appreciation potential. For investors seeking a property with proven performance, this is a unique opportunity to expand or start a rental portfolio in a desirable location. Up to 1% lender credit if buyer uses Seller's Preferred Lender.Show Description
MLS® Number2981291
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1920
Basement
Driveway
Garage Spaces
HeatCentral, Natural Gas
A/CCentral Air, Electric
Heating Fuel

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