CALLING ALL DEVELOPERS AND BUILDERS: Great property!
This price is based on the land. There is a home on the ground which helps with financing.
The home has a new roof and windows and a new well/septic tank (the paperwork for location of well and septic plus the purchase are attached to the listing). The previous roof was removed and there was ice that built up which eventually melted, and the water ran down in the drywall, so the homeowner had the home tested for mold (no mold) and removed all the drywall. The home needs work and the home is heated with a wood burning fireplace. The home is structurally sound and could be rehabbed but the value is in the land. Pike township requires that if you subdivide that you must divide into 2 acre lots. The ground has not been perked or subdivided the buyer would be responsible for that. Owner is not looking to sell off acres he just wants to sell "as is" and the buyer can do whatever he wants after settlement (do your research prior to making an offer, your due diligence)
This is a great price for 24.05 acres that butts up against 600 acres and a hunting lodge. It's a short ride to Promiseland lake and Lake Wallenpaupack that has boat slips for rent. There is new construction nearby at $399 on a half an acre. This land at this price is a good purchase. Even if you divide the land in half and build another home or two new homes and sell one of the homes and or rehab the current home as a getaway, you're still benefiting. You put the work into the subdividing sell off the land and take your money and build on one of the lots. So many possibilities and what a great location.
Make an offer based on the information provided and lets make this work. Previously the homeowner was not educated on the value and what was going on in the area. The sales of the homes and the new construction on half and acre and so on. We are more involved and knowledgeable of the value in this land and the fact of the location and that it is up against 600 acres that could possibly be non-buildable but again this info is the buyers due diligence. Great opportunity!
Property Type :
Residential
Subdivision :
None Available
County :
PIKE
Style :
Residential
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ByOwner last updated this listing 04/28/2024 @ 12:58
MLS: PAPI2000360
LISTED BY: Kathleen F Bocchinfuso , Coldwell Banker Hearthside-Doylestown
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
