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Active · MLS#: RTC3282482

$59,900

302 Water St
Petersburg, TN 37144

3beds1baths1,771sqft0.37acres

About this home

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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Property facts

Bedrooms
3
Bathrooms
1
Square feet
1,771
Lot acres
0.37
Year built
1900
Garage spaces
—
Property type
Single Family Residence
County
Lincoln County, TN

Location

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Listed by Keller Williams Russell Realty & Auction · MLS#: RTC3282482 · Status: Active

Listings courtesy of RealTracs as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/18/2026, 8:50:00 PM CT. 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. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.

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