Spring City, TN 37381,197 Wedgewood LN
Spring City, TN 37381,197 Wedgewood LN
Spring City, TN 37381,197 Wedgewood LN
Spring City, TN 37381,197 Wedgewood LN
Spring City, TN 37381,197 Wedgewood LN
Spring City, TN 37381,197 Wedgewood LN
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$ 475,000
Est. payment | /mo

4,520 SqFt


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$ 475,000
Est. payment | /mo
Save

4,520 SqFt

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 1307644

Year Built 1982

Lot Dimensions 100 X 207.8 and 300 x 188

Source East Tennessee REALTORS® MLS

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 - 42

Rooms

Family Room Yes

Other Rooms Basement Rec Room, Split Bedroom, Bedroom Main Level, Separate Dining Room, Family Room, Mstr Bedroom Main Level

Interior

Interior Features Walk-In Closet(s), Kitchen Island, Pantry

Heating Central, Natural Gas, Electric

Cooling Central Cooling

Flooring Laminate, Carpet, Tile

Appliance Range, Refrigerator

Heat Source Central, Natural Gas, Electric

Exterior

Exterior Feature Windows - Vinyl

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Porch true

Garage No

Building

Faces 75 South To exit 368, then 68 to Spring City, take exit 60 north to Spring City, go 11 miles and turn right onto Wedgewood Lane and property is on the left. Sign on the property.

Structure Type Frame,Other

Schools

Elementary Schools Spring City

Middle Schools Spring City

High Schools Rhea County

Others

Restrictions No

Tax ID 042 009.10

Security Features Smoke Detector

Energy Description Electric, Gas(Natural)

Acceptable Financing VA Loan, New Loan, FHA, Cash, Conventional

Listing Terms VA Loan, New Loan, FHA, Cash, Conventional

Listed by Wallace Jennifer Scates Group

GET MORE INFORMATION

agent
Demetri Demus

Broker Associate | License ID: 354450

+1(865) 333-1695

900 E Hill Avenue Suite 110, Knoxville, TN, 37915

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197 Wedgewood LN