115 Acres in Vanceburg, KY - $399,000
PRICE REDUCED!! Motivated sellers offering the option of owner financing. Nearly all of this tract is tillable and is currently rented through 2016 for $15,000. This parcel would be perfect for someone wanting to do a self-directed IRA or other type investment or looking to expand their farming operation. The property sits atop a large deep water aquifer that supplies water to the home as well as all of Flemming County! Additional income (approximately $1000/annually) is derived from a coin operated water well which provides drinking water and water for livestock to some of the locals. A willing entrepreneur could potentially turn this into a much larger income source by bottling an endless all natural water supply. You could also purchase the old family homestead, an 1860's Antebellum style home that’s in great condition and restorable. It's currently rented for $400/month and the askin...
PRICE REDUCED!! Motivated sellers offering the option of owner financing. Nearly all of this tract is tillable and is currently rented through 2016 for $15,000. This parcel would be perfect for someone wanting to do a self-directed IRA or other type investment or looking to expand their farming operation. The property sits atop a large deep water aquifer that supplies water to the home as well as all of Flemming County! Additional income (approximately $1000/annually) is derived from a coin operated water well which provides drinking water and water for livestock to some of the locals. A willing entrepreneur could potentially turn this into a much larger income source by bottling an endless all natural water supply. You could also purchase the old family homestead, an 1860's Antebellum style home that’s in great condition and restorable. It's currently rented for $400/month and the asking price is $125,000.
Property Features:
- 100+ acres of fertile Ohio River bottom land currently leased for $15,000 annually through 2016
- Access to the Ohio River for fishing
- Year round slough that occasionally holds ducks. Slough could easily be improved to draw ducks from the river
- Large aquifer beneath the land providing clean fresh water and an additional income source by providing drinking water and livestock water to locals (currently approximately $1000 annually)
- One of the last properties on a dead end road
- Over 2000 feet of road frontage
- 1 hour 50 minutes to Cincinnati, OH; 3 hours to Columbus, OH; 5 hours 45 minutes to Pittsburgh, PA; 2 hours 30 minutes to Charleston, WV; 6 hours 30 minutes to Charlotte, NC
- Historic Antebellum style home built in 1860 complete with cherry woodwork throughout plus several barns and grain bins on approx. 5 acres adjoining could be purchased for additional an additional $125,000
- Owner Financing Available
- Motivated Sellers
Map
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