154 Catlin Hill Rd Owego, NY 13827
This exceptional 116.52-acre turn-key dairy farm presents a unique investment opportunity in Owego, NY. Located just minutes from downtown Owego, this property boasts a diverse landscape including tillable fields (approximately 32 acres), extensive pastureland (approximately 42 acres), and a significant wooded area (approximately 38 acres) ideal for hunting, featuring oak, maple, hickory, and pine trees. A 2.5-acre pond adds to the property's appeal. The farm includes a circa 1900s farmhouse with four bedrooms, a large bathroom with integrated laundry, and an oversized eat-in kitchen. A wood-burning stove (currently non-functional) and a cozy living room offer additional comfort. The home features a drilled well, private septic system, oil furnace, and propane range. The farm's infrastructure is robust, featuring a full milking parlor, numerous tie stalls and free stalls (over 100 total), a coverall barn, a heifer barn, silos, grain bins, and ample hay storage. Approximately 12 acres are fenced for pasture rotation. A dedicated well for the main barn, along with a backup water system drawing from the pond and a solar-heated water system, ensures reliable water supply. This established dairy farm already benefits from an existing milk market, offering immediate cash flow potential. All seller oil, gas, mineral, and timber rights convey. The property is conveniently located near Ithaca, Elmira/Corning, and Binghamton. Proof of funds or pre-qualification is required to schedule a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
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