Description

A mixed Spruce-fir-Northern Hardwood forest, this timberland investment is full of possibilities for the investor that enjoys the benefits of multiple revenue streams. With over 7.5 million board feet of softwood and hardwood timber, the Timber Capital Value will generate positive cash flow over the long term while the hunt club, that completely leases the property, renews annually and generates more than enough income to pay the real property taxes levied annually. The property is under the New York State tax abatement program known locally as the “Fisher” Tax program (RPTL Section 480-a) and reduces the real property tax burden by 80%.

Site Overview

Status: Inactive
County: St. Lawrence
State: New York
Total Acres: 4000
Price/Acre: $625
Total Price: $2,500,000
Region: East
Tract Number: 187010
Tract image

Contact Agent

Timothy Burpoe

Address

Timothy Burpoe
41 St. Bernard Street, Ste. 2
Saranac Lake, New York 12983

Telephone: 518-294-4045 ext. 101

Mobile: 518-354-2055

Email: tburpoe@molpus.com

Attributes

Land

  • gravel/dirt road frontage
  • paved road

Maps