The parcel consists of 4 buildings on approximately 4.68 acres of land.. This includes the home, the 8 unit apartment house, the market presently the Period Pics Antique store, (our original farm market) and the large barn that could be used for uses including bread and breakfast units, continued storage, garages etc. It involves all of the tractors and equipment to maintain the property. There is a property manager who is willing to continue in this position if the new owner desired. On a personal visit you will see that the property is well maintained.

The Sellers have put a $1.75 million dollar price on this "buildings" package. The income from present rentals to defray all costs and then some, the depreciation ability, the 1031 tax deferment cooperation for anyone selling or contemplating the sale of property, the eventual conservation easement tax benefits, taxable income and estate planning if options are exercised on adjacent lands, and much more will on its own two feet represent an outstanding value.

To add to this package, the Sellers are prepared to to give a qualified buyer a no cost option agreement for 1 year to purchase adjacent lands. This would give adequate time for a buyer to study the potential. There is a total of 63 acres plus or minus in the original Peacedale farms package. Taking off the approximate 4.68 acres that the buildings set on in the $1.75 million dollar package this leaves in the neighborhood of 58 acres in the option proposal.

CLICK HERE FOR ADDITIONAL INVESTMENT OPTIONS.

If you would like more information on this property, please call John Wallace at 518-392-7062, or click on the mailbox below to email him.