5365 Frederica Street, Lot #WP002 , Owensboro, KY 42301(Daviess County)

Nestled just beyond the city limits of Owensboro sits a great investment opportunity! With tillable acreage and a home, all in a prime location, this property is sure to check the boxes for many buyers in today’s market. The brick home on the property is 1,620 sq ft. Featuring three bedrooms and one bath, the home has been renovated as needed, making this a move-in-ready property.  Currently, the home is used as a rental, bettering the ROI. At its current rate, the home is generating additional income in excess of $10k per year! A pond sits in the back yard providing you the needed space to unwind as you watch your crop pop up in rows. As per FSA, there are more than 49 acres currently in production. With access from Highway 431, right on the outskirts of Owensboro, access is a thing of ease. The property exhibits Class 3 and 4 soils, suited for moderate farming. Average yields have seen beans at 42 bushels per acre, while corn is at 165 bushels per acre. This property would be a great addition to an existing operation or make for a great stand-alone investment. Do not miss out on this opportunity; call today and schedule your private showing! 

Property Features:

- Great investment opportunity

- Can be added to existing operation, or used as a stand-alone investment

- 1,620 sq ft brick home

- 3 bed / 1 bath

- Home has been renovated as needed

- Pond in the back yard of the home

- Home rental rate generates more than $10k in income per year

- Well suited for primary residence

- Class 3 and 4 soils, suited for moderate farming

- In excess of 49 acres currently in production, as per FSA

- Property has been surveyed

- Conveniently located, just beyond the Owensboro city limits

- Easy access from Highway 431

- Any and all rights transfer

- All numbers were obtained from public record