aisellshomes.space

$499,000

Active

80 Dresser Hill Rd

Southbridge, MA, 01550

Land · MLS #73553038

Days on market

8 days

Lot size

38.00 ac

38.00 acres

Lot

About this home

Rare opportunity to own approximately 38 acres of income-producing land in Southbridge with an established solar energy facility operated by AES Renewable Holdings. The property currently generates approximately $24,750 in annual lease income with approximately 18 years remaining on the existing ground lease, providing stable passive cash flow for investors.In addition to the current income stream, the property offers long-term ownership of the underlying land with future potential following the expiration of the lease. Conveniently located with excellent accessibility, this unique offering combines dependable income with long-term land value, making it an attractive addition to an investment portfolio.The solar facility is currently operational, and the lease transfers to the new owner at closing. Buyer to perform all due diligence regarding the lease, future use, zoning, environmental matters, and all property characteristics.

Location

80 Dresser Hill Rd, Southbridge, MA, 01550

Property details

Electric
100 Amps

Listed by JS & The City Team · Serhant

Schedule a showing

80 Dresser Hill Rd

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,272 / month

Down payment20% · $99,800
Interest rate6.66%

Loan term

Principal & interest
$2,565
Property tax
$499
Home insurance
$208

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).