MLS® ID: 1037093
7317 Sherman Stedman Road
Sherman, New York, 14781 $875,000
This multi-parcel property totals 436 acres of land in Sherman. Parcel 312.00-2-21 is 123 acres with a modular ranch style home. It has 3 bedrooms & 1 bath as well as a barn and a small trailer. Parcel 329.00-1-12 is 57 acres a has an older farm house with 5 bedrooms & 3 baths and 2 barns. This property is currently a working farm. Each of these homes is currently rented. The other parcels make up the remaining acreage. The owner currently rents the farm land for $3,000 per year. There are 2 gas wells on the property but the royalties are very minimal. Nat. Grid also leases space for a tower for $2,500/year for the next 5 yrs and it will increase to $3,100/yr after that.