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0 Mill Stream Road
Lowville NY 13367 US

$209,000

Active Listing ID S1206523
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Lot: 255.10 acre
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Other

$209,000

Active Listing ID S1206523
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0 Mill Stream Road The parents of the current owners purchased this parcel over 30 years ago for both hunting and timber investment. Enrollment in the NYS Section 480-a of the Forest Tax Law helped achieve their goals, as well as a generous reduction in their assessment, resulting in lower taxes. The predominant sawtimber species found on the property include: hard & soft maple, black cherry, yellow birch, white ash, beech, spruce and fir. Some mature timber was harvested over 30 years ago before their purchase. Subsequent treatments under the plan included; non-commercial forest improvement cuttings in 1994, 95 and 99 as well as a light commercial thinning conducted in 1998. A required harvest scheduled between 2019-21 will provide the new owner with an immediate return on their investment.

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Property Features

  • Facts
  • Lot Size: 255.10 acre
  • Property Type: Lots And Land
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 12/30/2020 3:04:32 PM GMT
Source Updated Date: 1/16/2021 6:30:01 AM GMT

Courtesy of: Daniel Empie, Timberland Realty

Listing Source - ListHub

Copyright © 2020 Greater Syracuse Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.