197 Wedgewood Lane, Spring City, TN 37381

$425,000
4,520
SqFt

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List Price
$425,000
Price Change
▼ $20,000 1776928624
MLS#
1307644
Status
ACTIVE
Type
Single Family Residential
City
Spring City
County
Rhea
Living Area
4,520
Year Built
1982

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!

Additional Information

Appliances
Refrigerator, Range
Construction
Frame, Other
Cooling
Central Air
Exterior Features
Windows - Vinyl
Floors
Carpet, Laminate, Tile
Garage
On Premise Parking
Living Area
4,520
Lot Dimensions
100 X 207.8 and 300 x 188
Year Built
1982

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Calculator source: Real Geeks

Agent: Jennifer Scates |

Office: Wallace Jennifer Scates Group |