Investment Property - 9 Acres With Timber & Building Lot

Great investment property! This property sets on Gooseneck Road in the town of Yorkshire, NY. Property is almost across from Keller Road. The owner is offering this 8.7 acre parcel for sale with online bidding only.Update 10/25/2022 - Owner will finance this property with $25,000.00 down at 9.5% Intrest amoritized over a 10 year term. No prepayment penalty. Pay off anytime!This property has over $40,000.00 of appraised nice straight timber including cherry and maple. This parcel has been surveyed and is in a property management program. The timber will only increase in value over the coming years. There is electric on the property and a nice area for building a home. The hunting is great and signs of wildlife are everywhere. Nice areas for camping, hunting and other recreational sports. The property is well marked with stakes & trees. Property is described by Cattaraugus county tax map #048489-012-003-0002-020-000-0000 and zoned as Residential - Agricultural.Terms: This parcel will be sold with online bidding only. Bidders must register and bid online at: bidnbuyny.com - Bidders must provide proof of funds at least 4 days prior to close of bidding on Monday October 31st at 7:00 PM (Soft Close - If someone bids during the last 10 minutes the auction will extend 10 minutes until ther is no bidding for 10 minutes. Bud increments are set at $250.00 but you may bid higher or set a maximum bid. Property sells in "As-Is" condition, Seller will provide good and clear title, survey and all taxes will be paid to date of closing. There will be a 6% Buyer Premium over and above the final bid to determine the final purchase price. Contracts must be signed along with a non-refundable deposit of $5,000.00 by Tuesday November 1st at 5:00 PM. Buyer must come to Bid-N-Buy Realty & Auctions at 5893 School Rd, Castile, NY. If you have questions regarding the property or bidding please call: 585-493-5837. Note: If owner financing Purchaser cannot sell timber till property is paid in full and Purchaser must provide a life insurance policy to cover balance of mortgage.