 This
is a large wooded parcel of land located only13 miles from Bangor.
There are 685 acres in Old Town, 408 in Argyle and 59 acres in the
town of Alton. The land has frontage, and is accessed from Route 116
the Southgate Road in Old Town.
In the past the land has been used for growing timber. There was a
managed harvest done in 2001, therefore it will be a few years
before there needs to be any thinning done. This regeneration is
comprised mainly of mixed hardwoods with some balsam fir, hemlock,
white pine, and red spruce. All of these species are desirable for
future growing stock, as they are economically valuable and have
fairly rapid rates of financial return.
Over a mile of lovely frontage on Birch Stream. Trout fish, canoe,
or kayak right out to the Penobscot River. Old logging roads open
the land up for your atv, snowmobile, or cross country skiing.
Electric is nearby. Wells and septic are the norm in this area.
The property is under Maine Tree Growth Tax. Real Estate taxes last
year were $1976.
Because of its location, the property is ideal for recreation, with
the longer term outlook of future timber value, plus the
appreciating land, as a conservative, diversified investment. This
property is priced to sell. $379,000. |
