Spring City, TN 37381,197 Wedgewood Lane
Spring City, TN 37381,197 Wedgewood Lane
Spring City, TN 37381,197 Wedgewood Lane
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Listed by Jennifer Scates • Wallace-Jennifer Scates Group
$475,000
Est. payment /mo
4,520 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,520 sqft

Price per Sqft $105

MLS Listing ID 2931920

Year Built 1982

Annual Tax Amount $992

Lot Dimensions 100 X 207.8 and 300 x 188

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!

Location

State TN

County Rhea County

Interior

Heating Central, Electric, Natural Gas

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplace N

Exterior

Utilities Available Electricity Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Structure Type Frame,Other

New Construction false

Schools

Elementary Schools Spring City Elementary

Middle Schools Spring City Middle School

High Schools Rhea County High School

Others

Special Listing Condition Standard


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agent

Rachael Hadidsaz

+1(865) 242-1663

Area Leader | License ID: 354375

Area Leader License ID: 354375

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