140 N Pardue Ave

Gallatin, TN 37066
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2 bd, 1 ba | 1,240 sqft | Built in 1940

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,800

Total Return

$147,253

Annualized Return

26.5%

Cap Rate

6.2%

Gross Yield

8.6%

Cash Flow

$1,026

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,520

HOA

None

Flood Risk

Not Required

Here is your chance to own an adorable 1940's cottage in Gallatin's Woodson Terrace! This two bedroom, one bath home features a main living area with fireplace, hardwood floors throughout, and plenty of historic charm. You will love the updated bathroom and additional closet spaces. Entertain in the formal dining room, filled with natural light, and then end the evening on the covered front porch. The kitchen is complete with all appliances and the washer and dryer stay! The backyard is expansive with alley access and features a storage shed for all of your gardening supplies. Conveniently located to Historic Downtown Gallatin, enjoy the new patio going in at Prince Street Pizza and Pub or grab a latte at Black Elm Coffee! Open House Sunday, April 13th, 2-4pm!

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$20,520

Expenses

-$3,653

Property Taxes

-$2,250

Loan Payments

-$13,591

Net Cash Flow

$1,026

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Sarah Beth Paul
Agent License 339191
Parks Compass
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2815995
Last Updated: 04/29/2025 15:04
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