$499,000
About this home
Rare opportunity to own approximately 38 acres of income-producing land in Southbridge with an established solar energy facility operated by AES Renewable Holdings. The property currently generates approximately $24,750 in annual lease income with approximately 18 years remaining on the existing ground lease, providing stable passive cash flow for investors.In addition to the current income stream, the property offers long-term ownership of the underlying land with future potential following the expiration of the lease. Conveniently located with excellent accessibility, this unique offering combines dependable income with long-term land value, making it an attractive addition to an investment portfolio.The solar facility is currently operational, and the lease transfers to the new owner at closing. Buyer to perform all due diligence regarding the lease, future use, zoning, environmental matters, and all property characteristics.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73553038
- Property type
- Residential
- Subdivision
- N/A
- Status
- Active
- Days on market
- 118
- On market date
- June 25, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 38 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 282
- Student:teacher ratio
- 11.3:1
- District
- Southbridge
- Enrollment
- 407
- Student:teacher ratio
- 12.0:1
- District
- Southbridge
- Enrollment
- 443
- Student:teacher ratio
- 13.8:1
- District
- Southbridge
Walkability
Blended score for Southbridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Southbridge, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 16 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.