For Sale
$949,900

211 Hanks RdTroy, PA 16947

30-acre estate, 4 income streams.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30-acre Pennsylvania estate presents a unique investment opportunity, combining historic charm with substantial income potential. The property features a meticulously restored 1790s barn, a popular wedding venue for seven years, boasting a rare indoor silo, new steel roof, custom windows, two bathrooms, a bar, and an expansive upstairs balcony. A charming 3,555 sq ft, 1809-built Bed and Breakfast, fully renovated with seven bedrooms and three bathrooms, accommodates up to 16 guests. A thriving rental decor business provides event supplies, offering expansion potential. Finally, the fertile 30 acres, verified by Penn State Extension as having exceptional loam soil, are ideal for diverse crop cultivation (hay, corn, soybeans, wheat), livestock, or sustainable farming. Located near Elmira/Corning Airport, this property offers a blend of rural tranquility and convenient access to urban amenities. The property includes a well, RV parking, and various outbuildings. The asking price is $949,900, with a Net Operating Income (NOI) of $114,237 and a 12.03% cap rate. This turnkey operation offers a rare chance to own a thriving, multi-faceted business in a picturesque setting. The main house features hardwood floors, wall-to-wall carpeting, and an enclosed porch. The barn has a metal roof and the main house has an asphalt shingle roof. Outdoor amenities include a patio, deck, and fire pit. The property is ideal for those seeking a self-sufficient lifestyle, a multi-generational home, or a unique investment opportunity.

Highlights

  • Charming Bed and Breakfast with Wedding Barn.
  • RV parking available on-site.
  • Spacious walk-in closet.
  • Wood-frame construction.
  • Hardwood flooring throughout.
  • Wall-to-wall carpeting in select areas.

Property Details for 211 Hanks Rd

Property type
Specialty properties, Mixed-use properties
Square Feet
3,555 SF
Lot Size (sq. ft)
1,306,800 SF

Location Insight

City
Troy
County
Bradford
State
Pennsylvania
Latitude
41.7551046
Longitude
-76.6513561
211 Hanks Rd, Troy, Pennsylvania

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211 Hanks Rd
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