Combination Property Featuring Existing Income Streams From Pasture Rental And 4 Rental Homes
Media
Summary
Property
- Type
- Residential Land, Timberland, Hunting Land
- Road Frontage
- State Highway, County Road
- Road Surface
- Pavement
- Fencing
- Low
- Outbuildings
- Metal, Barn
Land Details
- Pasture
- Timber
- Grass
- Pond
Distances
- 6 miles to Albemarle
- 8 miles to Norwood
- 12 miles to Mt. Gilead
- 16 miles to Troy
- 30 miles to Concord
- 47 miles to Charlotte
Utilities
| Electric: | Onsite |
| Sewer: | Onsite |
| Water: | Onsite |
Housing
Home
3BD / 1BA 1276± sqftHome
2BD / 1BA 1200± sqftHome
2BD / 1BA 1080± sqftHome
2BD / 1BA 1080± sqft
Features/Improvements
- Small Game
- Big Game
- Upland Game
- Internal Road System
Description
It’s not very often that a tract of this size comes on the market with the potential that this one has. This is a great opportunity to purchase large acreage with outstanding future opportunities. The property is currently generating a nice income stream with the rental of its spacious, rolling pastures for cattle. There are 4 rental houses with existing tenants on the southwest side of the property. There are incredible views from the north-central part of the property where you can see the Uwharrie mountains to the northeast and Morrow Mountain to the northwest. This is one of the most scenic, privately owned properties in the area. McNeil Road runs along the western border of the property, while NC Hwy24/27 runs along the northern border. To say that this property has character would be a tremendous understatement. There is an existing hay barn as well as an equipment storage building. The location of this property is very desirable with it being a very short drive to Albemarle, Norwood, Troy and Mt. Gilead and within an hour to Charlotte. It is also within a few minutes of Lake Tillery, where there are public boat ramps in various locations. Call today for details and set up your private showing of this beautiful property.
Details
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(4) rental houses with tenants
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Pastureland leased for cattle
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Pastures fenced and gated
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Approximately 300 acres of pasture
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(5) watering holes for cattle with one being a .9 +/- acre pond
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Approximately 300 acres of hardwood trees
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Internal road network through out the property
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Multiple wells on the property
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6,125 feet of road frontage on McNeil Road
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2,159 feet of road frontage on NC Hwy 24/27
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Very small, abandoned cemetery located on northeast side of the property
Other
Coordinates
35.316, -80.1268
Annual Taxes
$9,521
