Public Real Estate Auction +/-180 Ac. Lycoming County

Public Real Estate Auction +/-180 Ac. Lycoming County

  • Address: 7606 Rose Valley Road, Trout Run, PA 17771
  • Date: Friday, October 06, 2023
  • Time: 3:00 PM

Sold For: 2,690,000.00

  • Description

Description:

 Lycoming County

Real Estate Auction

Friday, October 6, 2023 @ 3:00 p.m.

Farmhouse & Outbuildings Gas Wells w/ Lucrative Lease

180+/- acres •Tillable & Wooded

7606 Rose Valley Rd Trout Run PA  ~  Lycoming County

Directions: From Trout Run take 14 N to right on Field Station Rd to right on Rose Valley Rd

Excellent opportunity to own a farm with an active gas well and a current high-production gas lease in a scenic setting near Rose Valley Lake. The property consists of two parcels totaling approx. 180 +/- acres.  The land consists of about 90 acres of woodland with excellent hunting close to state game lands with lots of trails throughout.  There is an older farmhouse, bank barn, shop, silo, pond, and tillable acreage as well. Income from gas well has a yearly average of $251,500 over the last 5 years. This outstanding property is not far from Williamsport and with permits to drill two additional gas wells – it could be the investment opportunity you’ve been looking for!

Lycoming County – Gamble Twp                              Clean & Green Taxes: $4090

 Open House Date:  August 31, 2023 from 4-6:00 p.m. and Sept. 2, 2023 from 10:00 a.m.-noon

Terms: $80,000 deposit day of auction. Buyer pays 2% transfer tax. Settlement 60 days or before.

1% Broker participation offered to Realtors with buyers. Realtors must pre-register buyers to receive 1%.

For additional pictures go to www.beiler-campbellauctions.com or www.GoToAuction.com or www.auctionzip.com  

Auctioneers:

Matt Bergey AA #019473  Ph: (570)-412-0304

Jake Yoder AU #005851  Ph: (717)-513-5386 

Attorney: Jonathan L. DeWald

Ph: (570)-326-6555

Seller:  Thomas E. Smith