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5120 W Nicholson Rd,  Tunkhannock PA, 18657

(Active)
$179,900
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MLS# PAWY2000024
Last Updated: 5/19/2024 9:20 AM
Description for 5120 W Nicholson Rd Tunkhannock, PA 18657
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.
Price
$179,900
WYOMING
PAWY2000024
Active
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.
Listing Information
Property Type: Land, Other
39.3 Acres
Neighborhood
School Information
District: LACKAWANNA TRAIL
Room Information
Driving Directions
between 5090 and 5138 w nicholson rd
Financial Considerations
NO TAX RECORD
$30
Listing Price History

Tunkhannock Real Estate

Tunkhannock is located in Pennsylvania. Tunkhannock, Pennsylvania 18657 has a population of 1,743.

The median household income in Tunkhannock, Pennsylvania 18657 is $62,322. The median household income for the surrounding county is $61,624 compared to the national median of $66,222. The median age of people living in Tunkhannock 18657 is 45 years.

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Courtesy: RE/MAX Preferred - Cherry Hill
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/19/2024 9:20 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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