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148 & 153 Wallingford Road Durham, CT 06422
- Vacant Land / Resale (MLS)
Property Details for 148 & 153 Wallingford Road, Durham, CT 06422
Features
- Price/sqft: $9,879
Facts
- Property ID: 880545974
- MLS Number: 24015202
- Property Type: Vacant Land
- County: MIDDLESEX
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farms other rental property; 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more. The State of Connecticut Conservation Restriction requires this property to be agriculture in nature according to development rights the state acquired approximately 70 years ag
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Property Brokerage:
AllPoints Realty Inc
117 North Main Street
Wallingford
CT
6492
Copyright © 2024 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.