197 Wedgewood LN Spring City, TN 37381
4,520 SqFt
UPDATED:
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
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