Franklin County
Log Style Home On Income Producing Land Outside Kansas City
Stafford Road, Lot #WP001 Wellsville, KS 66092
Description
PRICE REDUCED! Located less than 30 minutes from greater Kansas City, and only a few minutes west of Wellsville, this 1739 sq/ft log home style house has 3 bedrooms, 2.5 baths, custom woodwork throughout, a wrap-around porch with a hot tub, and an unfinished basement with 9ft ceilings. The property is wired with 400 amp electric and has been upgraded to high-efficiency heating and cooling unit in 2016. Built-in 2007, the main room has 24ft tall ceilings with floor to ceiling windows, a stone fireplace, and a large two-car garage. The income-producing land has 32 acres tillable, currently planted to beans, and cash rents at $60 per acre annually. and an overgrown pasture area with three ponds that provides recreational opportunities such as hunting and fishing, ATV riding, or could be cleaned up and used to keep livestock. In addition to the tillable, income is also generated from the oil well lease that is on the entire section. The oil lease payouts fluctuate yearly, but averages between $1200- $1800 dollars a year in passive income. There is a 30x40 metal barn with a dirt floor to store your equipment, tools and or implements. Seller requires a minimum 24 hr notice prior to all showings, and pre-approval. For more information, or to schedule a showing contact the listing agent today.
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Details
- Approx. 1739 sq/ft 3 bed/2.5 bath home built in 2007. 24ft ceiling 1 1/2 story with unfinished basement and extra large 2 car garage. Beautiful wrap around porch with a hot tub. New roof put on in 2018, Newer high efficiency heating and cooling put in approx. 4 years ago. Built solid with 2x6 walls, extra insulation, custom woodwork throughout upstairs
- 30x40 metal barn for storing equipment
- 32 acre tillable being rented for $60 per acre
- Mineral/oil lease pays out averaging $1200-$1800 annually
- Fully fenced overgrown pasture with two ponds provides cover for wildlife. Could also be used for livestock
- 400 amp power to property
- 25 minutes form Olathe. 4 minutes west of Wellsville
- Annual Taxes approx. $3000