About 825 Verles Road
Investor's dream property in Medon, TN! This 21.04-acre income-producing property features five updated mobile homes generating up to $4,000 per month in rental income. Four of the homes are currently leased, and one is move-in ready for a new tenant or owner occupancy. Each home has been recently refreshed, offering comfortable living and low maintenance for years to come. The land itself is beautiful and versatile, offering plenty of space for expansion, development, or simply enjoying peaceful Tennessee countryside living. Conveniently located in a desirable area with easy access to Jackson and Henderson, this property offers both immediate cash flow and long-term growth potential. Whether you're expanding your investment portfolio or seeking a property with multiple income streams, this Medon opportunity is a rare find.
Features of 825 Verles Road
| MLS® # | 2505371 |
|---|---|
| Price | $450,000 |
| Acres | 21.04 |
| Year Built | 1990 |
| Type | Residential Income |
| Sub-Type | Mobile Home Park |
| Status | Active |
Community Information
| Address | 825 Verles Road |
|---|---|
| Subdivision | None |
| City | Medon |
| County | Hardeman |
| State | TN |
| Zip Code | 38356 |
Amenities
| Utilities | Electricity Connected, Water Connected |
|---|---|
| Parking Spaces | 10 |
| Parking | Gravel, Open |
| Is Waterfront | No |
Interior
| Interior Features | Laminate Counters, Tub Shower Combo |
|---|---|
| Appliances | Electric Range, Electric Water Heater |
| Heating | Electric |
| Cooling | Ceiling Fan(s), Central Air, Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Dog Run |
|---|---|
| Lot Description | Sloped, Wooded |
| Roof | Metal |
| Construction | Metal Siding |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Jennifer Keats |
|---|---|
| Office | RE/MAX Realty Source |