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5120 W NICHOLSON RD Tunkhannock, PA 18657
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Key Details
Sold Price $155,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAWY2000024
Sold Date 07/31/24
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $30
Tax Year 2023
Lot Size 39.300 Acres
Acres 39.3
Property Description
40 picturesque acres for sale in Tunkhannock to build your dream home, to enjoy great recreational activities and/or secure a gas lease! Truly a wonderful property with no zoning. OGM rights do transfer to the new owner with no current lease in place. Very low taxes at $30 per year from being in Clean and Green. There are many spots to build your dream home on this huge parcel. This property has potential for a lucrative gas lease for monthly income which makes for a great investment. It is not currently under lease but within close proximity to the Coterra energy Loffredo well pad. The infrastructure is in place so that the new owner won't have a hard time securing a gas lease. There are several 16' wide easements on the property for the use of the shared driveway with the neighbor which makes for very easy access to the entire property and great for ATV riding. They start from the main road to the lower east side of the property, then one halfway up the main easement. There is a long 4 ft high bluestone wall running throughout the property which carries significant value. There are several logging trails to make it easy to access anywhere on the property quickly. The hunting is excellent; there are many places to put up tree stands for a great vantage point to hunt deer and any other wildlife. Very little restrictions on the property. There is an old foundation on the property which means there used to be a house close to the road. Many trees on the property so timbering the property is an option for additional income. All in all, it’s an excellent property to put a cabin and for hunting with potential for additional income.
Location
State PA
County Wyoming
Area All Wyoming County (16100)
Zoning NONE
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer No Septic System
Water None
Schools
School District Lackawanna Trail
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Alexander Schwartz • RE/MAX Preferred - Cherry Hill