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302 Water St

Petersburg, TN 37144
  • $69,900
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: RTC3282482
Price Reduced
UPDATED: 55 min ago
$69,900
  • 3
    BEDS
  • 0.37
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,771
    SQFT
  • $39
    $/SQFT
Neighborhood:
0
Type:
Single-Family Home
Built:
1900
County:

School Information

Elementary School:
Middle School:

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.

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (DeSelms Team Zeitlin Sotheby’s International Realty, 615-550-5565). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or DeSelms Team Zeitlin Sotheby’s International Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-11T13:11:16.22.

Based on information submitted to the MLS GRID as of 2026-08-11T13:11:16.22. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.deselmsrealestate.com/homes/178876405
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302 Water St Petersburg, TN 37144

  • Price: $69,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 55 min ago
  • MLS #: RTC3282482
3
Beds
1
Baths
0
½ Baths
0.37
Acres
1,771
SQFT
$39
$/SQFT
1900
Built
Neighborhood:
0
County:
Lincoln
Elementary School:
Unity School
Middle School:
Unity School
High School:
Lincoln County High School
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.
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Levels Two Lot Size Dimensions 100M X 185M IRR Parking Total 0 Patio And Porch Features PorchCovered Roof Metal View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 1771 Appliances Electric Range Basement None Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 2 Flooring Wood Heating None Heating YN No Main Level Bedrooms 2

Property Features

Association YN No Building Area Total 1771 Lot Size Area 0.37 New Construction YN No Pool Private YN No Property Attached YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Stories 2 Tax Annual Amount 458 Water Source Private Year Built Details Approximate

Realtracs Solutions logo Offered by Keller Williams Russell Realty & Auction: . Copyright 2026 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (DeSelms Team Zeitlin Sotheby’s International Realty, 615-550-5565). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or DeSelms Team Zeitlin Sotheby’s International Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-11T13:11:16.22.

Based on information submitted to the MLS GRID as of 2026-08-11T13:11:16.22. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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DeSelms Team Zeitlin Sotheby’s International Realty
4301 Hillsboro Rd Ste. 100
Nashville TN, 37215