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197 Wedgewood Lane, Spring City, TN 37381

$425,000
  • 197 Wedgewood Lane, Spring City, TN 37381 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,520 MLS#2931920
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Unique Investment Opportunity in the Heart of Spring City!Discover the potential of this versatile property featuring 3 separate units on 1.5 private acres, just minutes from the heart of Spring City! Whether you're looking for rental income, a multi-generational family compound, or both, this property is full of possibilities.Unit 1 offers 3,000 sq. ft. of living space, showcasing an open-concept main floor with new flooring, new shower, new staircase, new windows, and a new back door. The home is now equipped with central HVAC, adding year-round comfort. Upstairs you'll find 2 spacious bedrooms and a full bath. The downstairs level includes a bedroom, a bathroom, and two additional rooms perfect for game rooms, offices, or storage. The lower level is ready for your finishing touches - with some materials already on-site - and opens to a fenced backyard.Unit 2, an attached efficiency or mother-in-law suite with its own separate address, features a full bath with new vanity, toilet, and windows, providing a private, self-contained living space ideal for guests or additional rental income.Unit 3 is a detached home with two bedrooms, one full bath, an open-concept living room, kitchen, and dining area, plus a full walkout basement. Updates include new windows, giving it a fresh and inviting feel.Tucked away yet conveniently located, these homes offer privacy, flexibility, and potential. Perfect as income-producing rentals, a family retreat, or a combination of both - this property is truly one of a kind!Don't miss your chance to make this unique property yours. Call today to schedule your showing!

197 Wedgewood Lane | MLS# 2931920

This multi-family property located at 197 Wedgewood Lane, Spring City, TN 37381 is currently listed for sale with an asking price of $425,000. Search Spring City real estate on bethmallen.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric, Natural Gas
Lot Size: 100 X 207.8 and 300 x 188
Roof Type: Metal
Taxes: $992
Year Built: 1982

Feature Descriptions

Days on Site: 403
Exterior: Frame, Other
Flooring: Carpet, Laminate, Tile
Laundry: Washer Hookup, Electric Dryer Hookup
Lot Dimensions: 100 X 207.8 and 300 x 188
Parcel#: 042 00910 000
Security: Smoke Detector(s)
Units: 3
Utilities: Electricity Available, Natural Gas Available

Local Schools

High School: Rhea County High School
Middle School: Spring City Middle School
Elementary School: Spring City Elementary

Listed By / Shown By

Listed By

Agency Name: Wallace-Jennifer Scates Group
Agency Phone: 8654749874

Shown By

Agent Name: Beth Mallen-Watson
Agent Phone: (615) 910-5540
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 1,152.49 per month $945.87 Principal & Interest $82.67 Property Tax $123.96 Homeowner's Insurance

Change Payment Information

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