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Huge Price Reduction-Excellent Investment Opportunity

Listing ID 23141393 | Updated today

$187,900
Willing to negotiate
For Sale

303 S Kersey Rd
Kersey, PA 15846

N/A beds, N/A baths
Acreage/Land

Ask the Owner

Tom Gross
Primary

Add to Favorites About this Property

Bedrooms:N/A Bathrooms:N/A Floors:0.0 Square Footage:N/A
Year Built:N/A School District:St Marys Area Garage Size:0.0 Lot Size:42 Acre(s)
Amenities:View

Motivated Sellers

42+ acres affording beautiful views. Included in the acreage are (4) 2+ acre building lots for additional income if needed (previous 2 lots sold for $35,000 each). Close to hunting, fishing, hiking, canoeing, and only 30 minutes from the newly constructed Elk Viewing Center in Benezette, PA. This property lies in the hotbed of Marcellus Shale Exploration. Mineral rights are included. Acreage and/or building lots available separately.  Last gas lease offer was $2,000 per acre for signing; 15% Marcellus and 12 1/2% shallow well.  Property recently appraised at $5,000 per acre.  Opportunities to earn 50% return on your initial investment are extemely rare, so don't delay! Call with questions.

*No owner financing.

 

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Tom Gross
Primary

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