Tunkhannock, PA 18657,5120 W NICHOLSON RD
Tunkhannock, PA 18657,5120 W NICHOLSON RD
Tunkhannock, PA 18657,5120 W NICHOLSON RD
$155,000
Est. payment /mo
$179,900
13.8%
Est.Price: ?

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39.3 Acres Lot
SOLD DATE : 07/31/2024

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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Bright MLS (BMLS)
Listed by Alexander Schwartz • RE/MAX Preferred - Cherry Hill
Bought with Alexander Schwartz • RE/MAX Preferred - Cherry Hill

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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