Check out this great investment opportunity! This 481-acre parcel of land is located in SE Saskatchewan east of North Portal and boasts three revenue streams. The farmland is currently under lease. The house also has a two-year lease in place. In addition, there are three active oil wells generating surface lease income on an annual basis. SAMA identifies 436 cultivated acres and a final rating weighted average of 49.71. The farmland consists of two ‘J’ and one ‘K’ SCIC Soil Class Ratings. The four-bedroom, two-bathroom farmhouse is located on approximately 10 acres of land. Many recent renovations have been completed on the house, they include new drywall, ceilings, windows, and flooring in some rooms, and the addition of a two-piece ensuite off the main floor bedroom. The kitchen appliances have been replaced as well as a new high efficient furnace along with a high-efficient water heater. There are two wells on the property, one is used for the house and the other can be used for watering the yard and/or livestock. Besides the single attached garage, there is also an oversized double garage, two sheds, and four steel bins on the property. There is a covered deck and a covered patio for outside enjoyment. The Seller would consider selling the house and approximately 10 acres separately with an asking price of $289,000.00. Preliminary approval has been granted from the municipality for subdivision of the yard site. All reasonable offers will be considered. Contact the listing agent to learn more about this multiple revenue stream property!
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