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693 Hassler Mill Rd Harriman, TN 37748
4 Beds
2 Baths
2,424 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $66
MLS Listing ID 1357371
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1953
Lot Size 4.100 Acres
Acres 4.1
Lot Dimensions 376 x 616 x 792
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
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.
Location
State TN
County Roane County - 31
Area 4.1
Rooms
Other Rooms Addl Living Quarter, Extra Storage, Mstr Bedroom Main Level
Basement Walkout, Other
Dining Room Eat-in Kitchen
Interior
Interior Features Eat-in Kitchen
Heating None, Electric
Cooling None
Flooring Other, Hardwood
Fireplaces Type None
Fireplace No
Appliance None
Heat Source None, Electric
Exterior
Exterior Feature Porch - Covered
Parking Features Off-Street Parking, Designated Parking, Main Level
Garage Description Main Level, Off-Street Parking, Designated Parking
View Wooded
Garage No
Building
Lot Description Wooded, Irregular Lot, Rolling Slope
Faces 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.
Sewer Septic Tank
Water Public
Architectural Style Traditional
Additional Building Storage
Structure Type Vinyl Siding,Cement Siding,Block,Frame
Schools
Elementary Schools Bowers
Middle Schools Harriman
High Schools Harriman
Others
Restrictions No
Tax ID 036 042.00
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional