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What an opportunity to own an Executive Building lot and have the income from a cell phone tower lease! This 69.75 acre parcel already has a driveway roughed in as well as cleared area for house construction. American Tower Corporation has a lease in place generating income on this property. The Tower lease generates an income of approximately $29,388 a year. American Tower is also responsible for paying the property taxes on the land and improvements on which the Tower is located (.25 of an acre). 69.75 acres of land is in current use and the Buyer is responsible for taking it out of current use & any associated fees if developed. What an opportunity to own 70 acres of land and have a lease in place for rental income!

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 3, 2022 7:54 AM EST.

 

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