OfferMarket

1158 Castle Hill Rd, Towanda, PA 18848, USA

$250,000

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Photos of the property

Mineral Rights & Natural Gas Royalties:

  • Owner is receiving monthly royalty payments from Chesapeake Energy associated with active well that is on the neighbor's property.
  • Well name: Bustin Homestead (in service since 2012)
  • Royalties vary based on price of natural gas and well output (as much as $2,000/yr, currently ~$50/month according to the seller)
  • Oil And Gas Lease (PDF)
  • For additional information, contact Chesapeake Energy Owner Relations Group at 877-245-1427

Fixtures:

  • New double-wide manufactured home valued at $114,000 (26' x 52')
  • Stainless steel appliances
  • New 12' x 24' deck with 8 person hot tub
  • New well for water
  • Full sized barn
  • 2 silos
  • Propane heat

Additional info:

  • Tax Account #: 38-073-282-002-000-000