1116 Bales Rd, New Market, TN 37820

$50,500
: 3
BD
: 2
BA
: 1,603
SqFt

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Sold Price: $50,500
List Price: $52,900
Closing Date: May 09, 2025
MLS#: 1298751
Status: CLOSED
Type: Single Family Residential
City: New Market
County: Jefferson
Bedrooms: 3
Bathrooms: 2
Living Area: 1,603
Lot Size: 27,007
Year Built: 1995

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Property Description

Nestled in the picturesque landscape of New Market, Tennessee, this property presents a unique opportunity for restoration or redevelopment. Featuring a double-wide mobile home with footers installed, it offers a solid foundation for renovation. The land itself is well-positioned for improvement, with the potential for effortless clearing using a skid steer. Essential utilities, including city water and city electrical, and city gas are conveniently accessible at the front of the property, ensuring ease of connection for future use. Whether undertaken as a rehabilitation project or as a site for a new residence, this property offers a versatile investment opportunity. Prospective buyers are invited to explore the possibilities and envision the transformation this land and home can undergo. Buyers seeking additional investment potential will appreciate the adjacent property, which is also available for purchase. Together, these two parcels offer the possibility of a packaged acquisition, ideal for expanding development or undertaking a multi-property rehabilitation project. The address to adjacent property is 1112 Bales Rd. For further inquiries or to arrange a viewing, please reach out for additional details.