Fullington Team
REALTORS®
BEDS0
BATHS0
MLS#2505371
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
Fuel Type: Electric
Garage: 10
Heating: Electric
Lot Size: 21.04 Acres
Stories: 1.0
Taxes: $529
Year Built: 1990
Feature Descriptions
Appliances: Electric Range, Electric Water Heater
Days on Site: 195
Exterior: Metal Siding
Exterior Amenities: Dog Run
Flooring: Carpet, Laminate, Vinyl
Interior Amenities: Laminate Counters, Tub Shower Combo
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Sloped, Wooded
Lot Dimensions: 1318x940x376x158x61x214x182x228x389x728
Parcel #: 019 021.01
Parking: Gravel, Open
Tenant Pays: All Utilities
Utilities: Electricity Connected, Water Connected
Wooded: Yes
Listed By / Shown By
Listed By
Agency Name: RE/MAX Realty Source
Agency Phone: 731-668-7500
Shown By
Agent Name: Fullington Team
Agent Phone: (731) 298-9722
Agency Title: Crye-Leike Real Estate Services
Source: CWTAR MLS
Estimate Your Payment
Estimated Payment
$ 1,113.91 per month $945.87 Principal & Interest $44.08 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
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825 Verles Road | MLS# 2505371
This multi-family property located at 825 Verles Road, Medon, TN 38356 is currently listed for sale with an asking price of $425,000. Search Medon real estate on fullingtonteam.crye-leike.com today.