Sold
Brick Home, Tillable Acreage And Prime Location Just Outside Owensboro
Acreage
51.67 ±
County
Daviess
SOLD
Address 5365 Frederica Street, Lot #WP002 Owensboro, KY 42301
View on Google MapsDescription
Nestled just beyond the city limits of Owensboro sits a great investment opportunity! With tillable acreage and a home, all in a prime location, this property is sure to check the boxes for many buyers in today’s market. The brick home on the property is 1,620 sq ft. Featuring three bedrooms and one bath, the home has been renovated as needed, making this a move-in-ready property. Currently, the home is used as a rental, bettering the ROI. At its current rate, the home is generating additional income in excess of $10k per year! A pond sits in the back yard providing you the needed space to unwind as you watch your crop pop up in rows. As per FSA, there are more than 49 acres currently in production. With access from Highway 431, right on the outskirts of Owensboro, access is a thing of ease. The property exhibits Class 3 and 4 soils, suited for moderate farming. Average yields have seen beans at 42 bushels per acre, while corn is at 165 bushels per acre. This property would be a great addition to an existing operation or make for a great stand-alone investment. Do not miss out on this opportunity; call today and schedule your private showing!
Details
- Great investment opportunity
- Can be added to existing operation, or used as a stand-alone investment
- 1,620 sq ft brick home
- 3 bed / 1 bath
- Home has been renovated as needed
- Pond in the back yard of the home
- Home rental rate generates more than $10k in income per year
- Well suited for primary residence
- Class 3 and 4 soils, suited for moderate farming
- In excess of 49 acres currently in production, as per FSA
- Property has been surveyed
- Conveniently located, just beyond the Owensboro city limits
- Easy access from Highway 431
- Any and all rights transfer
- All numbers were obtained from public record
Summary
Fencing
Low Fence, Partial
Features
Wild Game, Upland Game, Waterfront, Creek, Pond (0-3 acres), Home, Investment, Minerals, Small Game, Dove, Roads, Road Frontage, Highway, County Road, Road Access, Pavement, Fence, Low Fence, Partial Fence, Fence Material, Wire, Tillable / Production Acres, Tobacco, Corn, Wheat, Milo, Soybeans, Alfalfa, Clover, Hay, Housing, Utilities, Electric, Water, Septic, Internet, Cable, Telephone, Activities on Property, Fishing, Hiking, ATV Riding, Horseback Riding, Camping, Family Activities, Seller's Mineral Rights Convey
Land Type
Ranch and Farm, Home on Acreage
Land Details
Pond, Hay
Road Surface
Pavement
Property Type
Farms, Residential Land
Road Frontage
State Highway, County Road
Improvements/Features
Upland Game, Small Game, Seller's Mineral Rights Convey
Land and Farm Property Types
Agriculture - Farm, Land - Residential
Other Property Details
Utilities
- electric: onsite
- water: onsite
- internet: onsite
- cable: onsite
- telephone: onsite
Coordinates
37.7105, -87.124
Annual Taxes
$0
Sold Property
For more information or to see additional properties currently for sale see Matt Young's listings.