00000 E 40th Ave N, Wellington, KS 67152
Local realty services provided by:Better Homes and Gardens Real Estate Alliance



Listed by:heather stewart
Office:coldwell banker plaza real estate
MLS#:639701
Source:South Central Kansas MLS
Price summary
- Price:$349,200
About this home
Income-Producing Property Discover the exceptional opportunity to own 77.6 acres of versatile, income-producing land situated in the countryside near Wellington Airport. This unique property not only offers the charm of rural living but also provides significant financial benefits through its diverse income streams. Whether you're an investor looking for a robust return or someone dreaming of a country lifestyle with financial benefits, this property has it all. Key Features: • Royalty Interest (RI) Mineral Rights: The property includes valuable mineral rights, offering an oil production yield of approximately $7,000 to $10,000 annually. Enjoy the steady income from established oil production operations. • Agricultural Income: With fertile land perfect for crop cultivation, this property generates an additional $4,000 to $5,000 per year from agricultural activities. • Nature & Wildlife: A creek and draw run through a portion of the land, providing potential for various recreational activities for hunting or wildlife watching. • Location: Conveniently located near Wellington Airport, this property combines the tranquility of country living with easy access to transportation and town amenities. Investment Potential: This versatile property is an excellent investment opportunity for those seeking to diversify their portfolio with real estate that offers both immediate and long-term financial returns. The combination of oil production and agricultural income ensures a steady revenue stream, making this land a wise choice for investors and landowners alike. Seize this unique opportunity to invest in a property that offers both immediate income and long-term potential. Contact us today to learn more or to schedule a viewing.
Contact an agent
Home facts
- Listing Id #:639701
- Added:378 day(s) ago
- Updated:December 04, 2024 at 03:42 PM
Structure and exterior
- Lot area:77.6 Acres
Schools
- High school:Wellington
- Middle school:Wellington
- Elementary school:Eisenhower
Finances and disclosures
- Price:$349,200
- Tax amount:$547 (2023)
New listings near 00000 E 40th Ave N
- New$95,000Active2 beds 1 baths1,092 sq. ft.
615 N Jefferson Ave, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY - New$180,000Active4 beds 2 baths2,150 sq. ft.
927 E Woodsway St, Wellington, KS 67152
KELLER WILLIAMS HOMETOWN PARTNERS - Open Sat, 2 to 4pmNew$135,000Active3 beds 1 baths1,074 sq. ft.
1115 W Lincoln Ave, Wellington, KS 67152
REAL BROKER, LLC - New$140,000Active2 beds 2 baths1,510 sq. ft.
823 N Washington Ave, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY - New$14,500Active1.4 Acres
00000 E 16th St, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY - New$40,000Active4 beds 1 baths2,169 sq. ft.
307 E 10th St, Wellington, KS 67152
CENTURY 21 GRIGSBY REALTY - New$220,000Active5 beds 3 baths2,415 sq. ft.
318 N Poplar St, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY - $19,000Active0.7 Acres
00000 S Eastern Rd, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY - $149,000Active4 beds 2 baths2,126 sq. ft.
2130 N A St, Wellington, KS 67152
THEURER AUCTION / REALTY LLC - $105,000Active3 beds 2 baths1,268 sq. ft.
422 S Jefferson, Wellington, KS 67152
BERKSHIRE HATHAWAY PENFED REALTY