1. Tennessee
  2. Spring City
  3. 197 Wedgewood Lane
$475,000

197 Wedgewood Lane, Spring City, TN 37381

  • 4,520 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $105/sqft
  • Property List Date Icon Listed 2 days ago

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!

Listing Status:
Active
Listing Office:
Wallace-Jennifer Scates Group : 8654749874
Listing Agent:
Jennifer Scates : 4044039855
MLS ID:
2931920
  • Laundry: Washer HookupElectric Dryer Hookup
  • Flooring: CarpetLaminateTile
  • A/C: Central Air
  • Heating: CentralElectricNatural Gas

This listing courtesy of Jennifer Scates, Wallace-Jennifer Scates Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Spring City Elementary School

270 E Jackson Ave, Spring City, TN, 37381

Grades PK-5

2.74 miles away

S

Spring City Middle School

751 Wassom Memorial Hwy # 68, Spring City, TN, 37381

Grades 6-8

2.44 miles away

R

Rhea County High School

885 Eagle Ln, Evensville, TN, 37332

Grades 9-12

5.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.