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Public Remarks: Investor Opportunity | 4.1 Acres | Full Gut Rehab | Harriman, TN Value-add investors, rehabbers, and builders--this is the type of property worth taking a closer look at. Located at 693 Hassler Mill Rd in Harriman, this 4.1-acre property offers a full gut-rehab opportunity with an existing structure of approximately 2,424 potential finished square feet and multiple ways to create value. The property has already been cleaned out, with the driveway and surrounding site cleared, giving the next investor a head start. Multiple Exit Strategies: • Single-Family Flip: Renovate into a spacious 5-bedroom, 3-bathroom home with approximately 2,424 finished square feet. • Duplex / BRRRR: Take advantage of the lower-level walkout and convert the property into two rental units, creating an opportunity for long-term cash flow and a potential BRRRR strategy. The proposed configuration includes a 2BR/2BA main-level unit and 2BR/1BA lower-level unit. • Land Development: Explore subdividing a portion of the 4.1-acre parcel for an additional residential homesite, with the option to build a second home or sell the additional land, subject to required approvals. The existing structure has solid bones and structural integrity, while the cleared interior and site provide a clean starting point for a major renovation. This is an opportunity to create equity through renovation, generate rental income, pursue a BRRRR strategy, or maximize the acreage through future development. Bring your contractor, run your numbers, and determine which strategy best fits your investment plan. Property is being sold as-is. Buyer to independently verify zoning, subdivision potential, permitted uses, utilities, square footage, and all development/renovation requirements.
From I-40, take Exit 350 toward Harriman/Midtown. Continue toward Harriman, cross the railroad tracks, then turn right onto Highland Dr. Turn left onto Hassler Mill Rd. Property is on the left.
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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Blair Scott LLC, dba Crown and Anchor Realty is a licensed Tennessee Real Estate Firm. Firm License 259496. Some or all of the Listing Displayed on this Site may not belong to Crown And Anchor Realty. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. This data is believed to be correct, but interested parties should confirm the data before relying on it in a purchase decision.