Description of 2465 Niles Ferry Rd, Madisonville, TN 37354
Listing details for 2465 Niles Ferry Rd, Madisonville, TN 37354 : 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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