|Property TypeAgriculture||Built in2017|
A recent article from CBC News states "Farmland prices up 10% last year as property boom spreads to agriculture". As seen on PEI farmland, prices have drastically increased in recent years! Take this chance to make a purchase of farmland in Coleman, PEI and have tenants pay for most of the cost. This 47.7 acre parcel has approximately 18 acres of farmland, 25 acres of woods and two with a mini home along with two vacant serviced lots. The mini homes, with long term tenants, each pay $400 a month which would cover a large portion of the carrying costs for this long term investment. Currently the land rents for $50/acre. This long-term investment will only increase in value and currently supports itself! *Mini homes can be removed from the property. *This property is being sold "as is where is". Due to the various elements of this property it is likely HST applicable.
|Constructed Date2017||Exterior FinishOther|
|Total Finished Area600 sqft||Utility WaterWell|
Listing Office: GOLD KEY REALTY LTD.
Data Provided by Prince Edward Island Real Estate Association
Last Modified :05/06/2017 12:22:48 PM
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