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113.85 acres of farm and forestlands, pond, barn and outbuildings in the Town of Busti

$ 139.900
Garfield & South Main Street Extension, , ,
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Property Description

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The property has approximately 1,100 feet of road frontage on Garfield Road and nearly 1,500 feet of frontage on South Main Street Extension. Electric is available at the road front.

The property is a former working farm comprised almost equally of farm fields and forest along with areas of reverting fields into brush and young forest. The forest is comprised of maple, ash, cherry, beech, hemlock, some oak, and more. This is a young, developing forest in good condition and with a limited amount of timber in it at present. The mixed brush, woods, open setting is perfect for deer and turkey and their sign is abundant throughout.

The farm fields are currently under lease with Falcone Farms. The owners entered into a lease in order to maintain the integrity of the fields. There are 3 years remaining on this agricultural lease that will transfer and be binding to the new owner. The lease pays $1,800 for the fields on this piece and the fields on other lands owned south of this property. The lease amount would be apportioned appropriately if only this parcel is purchased. Payment is made on September 1 annually.

Also included with this property is the barns and storage buildings adjacent to Garfield Road. The old cattle barn with hay loft, milk house, silo, and several storage buildings are all in various stages of repair. Some can be used, some need renovation, others need torn down. Near the barns is a nearly one acre pond.

There are some nice views of the country-side from many vantage points on this property, making it an ideal location for a new or second home or camp. A small steam crosses the property from west to east, adding to the diversity of this property.

There are 2 gas wells on this property also. The oil and gas rights will transfer to the new owner subject to the existing lease.

This property is in a great location in the country, yet close to everything. Chautauqua Lake is just minutes away as is the local mall and shopping area. Chautauqua Institute, Amish Country, the local snowmobile trail system and much more is in close proximity.

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Address: Garfield & South Main Street Extension
City:
Zip: 14701
Country: United States
Property Id: 16313
Price: $ 139.900
Property Size: 0 feet2
Property Lot Size: 114 feet2
Rooms: 0
Bedrooms: 0
Bathrooms: 0
Local Directions: From Jamestown take South Main Street south which will become South Main Street Extension once you leave the city. Make a right onto Garfield Road and property will be on the left.
Deed Book & Page: 2014/4177
Local School District: Frewsburg
Tax Note: Tax Rate per $1,000=$42.07
Tax Parcel ID: 404.00-1-13.1, P/O 421.00-2-1.1
Road Frontage: 1,100
View: yes
Pond Description: one acre
Oil & Gas Rights: yes
Close Date: 2018-05-09
Sale Price: $135,000

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