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Property Description

This is a great investment property right in Troutman. With this much level land, buildings, and 3 older homes on this property. You could purchase it as an investment property and rent the homes or great for a developer. The 3 homes are currently rented. There are 3 wells and septics on the property already. The value of this property is in the land only. The homes have not been kept updated or remodeled. Again value is in the location and the land. There is road frontage on Flower House Loop and on Lipe Rd. This is a great investment property. Only a minute or two from shopping, and restaurants, and close to Lowes and I-77. This property land use can be Medium Density Residential. For residential subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).

Features
Septic Installed
Appliances
Address Map
USA
NC
Iredell
Troutman
None
28166
none
Lipe
116
Road
0
W81° 8' 18.8''
N35° 40' 24.3''
Sw
E
Additional Information
0
4740-75-1250.000
MLS Information
Allen Tate Mooresville/Lake Norman
CAR810033
Candy McCarty
CAR67015
704-664-9333

Residential For Sale

116 Lipe Road, Troutman, North Carolina 28166

3 Bedrooms
1 Bathrooms
0 Sqft
$650,000
Listing ID #CAR4051007
Basic Details
Property Type : Residential
Property SubType : Single Family Residence
Listing Type : For Sale
Listing ID : CAR4051007
Price : $650,000
Bedrooms : 3
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1924
Lot Area : 0 Acre
Lot Size SqFt : 0 Sqft
Status : Active
MLS Status : Active
Days On Market : 400
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Agent info
Butch Austin
Contact Agent
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