Price Reduction - Fixer Upper
Address
302 Water St, Petersburg, TN
Price
$ 59,900
Property Attributes
  • MLS#3282482
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityPetersburg
  • Zip37144
  • Style
  • Year Built1900
  • Taxes$ 458
  • Price$ 59,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1771
  • Lot Size0.37 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Investor Special – Cash Buyers Take Notice! Unlock the potential of this fixer-upper situated on a desirable corner lot in Petersburg. This spacious home is full of character and timeless charm, featuring two beautiful original fireplaces, a classic farmhouse design, a welcoming covered front porch, and a durable metal roof. Major improvements have already been completed, including updated electrical and plumbing, providing a solid foundation for your renovation. While the home needs cosmetic updates and repairs, it offers an outstanding opportunity to restore its historic charm and build instant equity. Whether you're looking for your next flip, rental property, or renovation project, this home has the potential to become a true showpiece. Conveniently located in a quiet small-town setting with easy access to Lewisburg and Fayetteville. The property is located in a designated flood zone, which is common for this area. Property is being sold As-Is. Cash or conventional financing preferred.

Elementary School Middle School High School
Unity School Elementary School Unity School Middle School Lincoln County High School
Price History
7/16/2026 Listed $75,000
8/5/2026 7$69,900
9/4/2026 15$59,900

General Features

Living Area 1771
Sewer Septic Tank
Heating None
Cooling None
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Appliances Electric Range
Patio/Porch Features Porch,Covered
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Levels Two
Property Subtype Single Family Residence
County Lincoln County,TN
New Construction No
Property Type Residential
Attached Garage No
Garage Y/N No
Full Baths 1
Status Active
Directions From Lewisburg. Take US-431 South toward Petersburg. For approximately 13 miles to Petersburg. Turn left onto Spring Street. Turn right onto Water Street.302 Water Street will be on your left. Approx
High School Lincoln County High School
City Petersburg
Senior Community Y/N No
Lot Size Units Acres
Elementary School Unity School
Property Attached Y/N No
Year Built Details Approximate
Tax Annual Amount 458
Middle/Junior High School Unity School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Basement None
Flooring Wood
Total Fireplaces 2
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N Yes
Above Grade Finished Area 1771
Total Bedrooms 3
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1

Exterior Features

Water Source Private
Lot Size Area 0.37
Building Area Total 1771
Lot Dimensions 100M X 185M IRR
Lot Size Acres 0.37
Lot Size Source Calculated from Plat
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37144

Price
AVG $690K
$60K
Taxes
AVG $1,277
$458
Year Built
AVG 1973
1900
Visits
AVG 38
23
Data Provided by Inside Real Estate®

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