Listing Courtesy of: Joseph Schwartz - Signature Properties Corning
607-796-9817
$459,000
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7684 State Route 417 Addison, NY 14801
Single Family
Residence
5
Beds
2
Baths
...
Bed/Bath
2,100
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Here is a unique opportunity hitting the market. This partially wooded +/- 42 acre plot, houses a commercial building, a 5-bedroom farmhouse, a private stream running through the property, uncapped natural gas wells, and many desirable tree species including oak, ash, maple, cherry oak and more! Thi...s property has been contacted many times for oil companies to come and drill/extract the oil on the property. No drilling has been done, but the opportunity still awaits for the next buyer to take advantage of. The farmhouse has updated electrical service and is move-in ready with only preferred renovations on the list. The commercial building has opportunity galore waiting for the entrepreneur to get back up and running. Once home to a local favorite ice cream shop, the equipment and interior is still available/suited for a similar venture, or one of your own! It is a rarity to have a property have so many income potentials practically paying for the property itself. Between logging, fracking, local businesses, room for farm animals, and a 5-bedroom home to live in or rent out, the income this property has the potential to generate is just about limitless! Who will take advantage of this opportunity? Located on 417 just outside of Addison, there is no shortage of traffic flow passing this property every day. Schedule a tour of this unique property today and start creating generational wealth with your next real estate purchase!
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MLS#
R1648925
Property Type
Single Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1860
Square Feet
2,100
sq. ft
Lot Size
40.5
Stories
2.0
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