85 Acres in Frogsboro, NC - $309,000
Description
With a combination of mature timber, large creeks, fields and two houses (with rental income) this property is ideal for investment/income, hunting, a weekend retreat or homesite. Located in southern Caswell County, about 20 miles north of Hillsborough, this property is located at the end of a dead-end State road. The land is very private and could be gated to control access. Owner financing available with acceptable terms.
The two houses include a renovated farmhouse and a 1980's post and beam house. The homes are surrounded by nine acres of open land including gardens, springs, outbuildings and pastures. The homes share a modern well and have individual septic systems. The rental history is $750/month for the farmhouse and $500/month for the post and beam house. Two additional 3-bedroom septic permits have been approved. Other areas should also perk. Both houses currentl...
The two houses include a renovated farmhouse and a 1980's post and beam house. The homes are surrounded by nine acres of open land including gardens, springs, outbuildings and pastures. The homes share a modern well and have individual septic systems. The rental history is $750/month for the farmhouse and $500/month for the post and beam house. Two additional 3-bedroom septic permits have been approved. Other areas should also perk. Both houses currently rented.
The remainder of the property is covered in mature pine and hardwood timber. Two large creeks flow through the property and partially form two of the boundary lines. A portion of the property is bordered by a NC Wildlife Commission Game Land while the other neighboring tracts are large wooded properties. The land contains 1.5 to 2 miles of walking/horse trails. Contact Agent for showings.
Timber
76 acres of the property contain mature/maturing timber. The timber ranges from pure loblolly, shortleaf and Virginia pine on the ridges to mixed hardwoods (red and white oak, poplar, maple and gum) on the slopes and bottom land. The timber could be harvest now, thinned, or left to grow. The approximate value is $100,000 to $120,000.
Owner Financing
Owner financing available with acceptable terms. Contact Agent for more information.
Farmhouse
The main portion of the farmhouse was built in 1850. The home has gone through many renovations beginning in 1975. Other features include:
1,496 square feet heated space, 490 square feet in two porches
two bedrooms, one bathroom
New metal roof and cedar siding
new windows, original heart pine flooring
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Post and Beam House
Built in the 1980's, this home is two stories and has an open floor plan and unique finishes. The house features:
1,083 heated square feet, 200 square feet in porches
one bed room, one bathroom
washer, dryer, gas heater
open floor plan with plenty of natural light
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