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$199,910
Est. payment /mo
39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60393113
Style Vacant Land
Annual Tax Amount $1,458
Lot Size 39.000 Acres
Acres 39.0
Lot Dimensions 1320X1320
Property Sub-Type Vacant Land
Property Description
What an amazing opportunity to grab this perfect piece of hunting land that is income producing! VCP MI has as lease that runs as long as the well is producing (which it currently still is) that in the past 5 years has generated between $3839 (in 2020) to $17,101 (average of $9272 for the past 5 years). With the exception of the easement you have full use to develop and / or enjoy the property. Infotmation is available upon request regarding the lease. If / when the well is no longer in use VCP is responsable for removal of the equpitment.
Location
State MI
County Manistee
Area Bear Lake Twp (51002)
Zoning Residential
Building
Water None
Schools
School District Onekama Consolidated Schools
Others
Ownership Private
Financing Cash,Conventional
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Listed by Wilbanks Real Estate