$120,000
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229 Obis Bowling Rd Robbins, TN 37852
Single Family
Residence
3
Beds
1
Baths
960
Sq. Ft.
1.63
Acre
Lot
Property Activity
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Handyman Investor Special! Huge Profit Potential!!! Better Than Handyman Special, Alternate Development Opportunity 3bed, 1bath, 960 sq ft, 1.63acre lot. This property has so many potentials! Yes, it's a handyman special. You can renovate the existing home and rent it out or sell it. It has a met...al roof and there's utility along with well & septic already existing. The interior will be easy rehab if you are an experienced investor and the cost will be based on the kind of finishing you install. Rental grade rehab will be a lot less than flip-grade renovation. You can inspect and do your rehab estimate and come to your own conclusion.However, the highest and best use could be to tear down the existing structure and subdivide the the lot into two parcels. Then put a manufactured home in each lot. The cost of brand new a 3-bedroom, 2 bathroom manufactured home is approximately $59,900. plus the small cost of installation. A brand new 3/2 would sell for close to $250K each. you can find on your own or Here's a link for the 3/2 manufactured home for less than $60K.
https://www.facebook.com/marketplace/item/968747888124982/
Additionally ANOTHER LOT can be Purchased ON THE SAME STREET (LOT #6 and the house sits on Lot#2). IT'S A 1.07 ACRE LOT. THERE'S NO STREET NUMER TO THIS LOT AS THERE WAS NEVER A STRUCTURE. YOU CAN DO THE SAME STRATEGY HERE AND PUT ANOTHER 3/2 MANUFACTURED HOME FOR LESS THAN A $100K AND SELL FOR $250K. THE LOT can sell for SEPARATELY FOR $30K, or both can be purchased for $50k
HIGHLY MOTIVATED SELLER. BRING ALL OFFERS!!
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MLS#
1276008
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1980
Square Feet
960
sq. ft
Lot Size
1.63
Sewer
Holding Tank
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