2465 Niles Ferry Rd, Madisonville, TN 37354

$130,000
2
BD
1
BA
678
SqFt

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Sold Price
$130,000
List Price
$164,900

Property Description

Investment Opportunity - Income-Producing Property with Expansion Potential! Don't miss this excellent investment opportunity featuring a single wide manufactured home with a tenant already in place, generating $850/month in rental income. The current lease is secured through January 31, 2027, providing immediate and consistent cash flow for the new owner. Lease must be honored. Situated on a versatile property, this offering includes additional space ready for expansion: A separate lot directly behind the home is already prepped for another single wide home. An additional camper/RV spot is complete with water hookup (septic not currently installed) Whether you're looking to grow your rental portfolio or create a multi-unit income property, this setup offers incredible upside potential with minimal upfront work needed.

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Agent: Michael Cansler | canslermichael0808@gmail.com

Office: Silver Key Realty - Sweetwater | 4238369119

Selling Office: Silver Key Realty - Sweetwater.

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