116 Lipe Road
$650,000
Troutman, NC, 28166
singlefamily
3
1
Lot Size: 5.9 Acres
Listing Provided Courtesy of Candy McCarty at Allen Tate Mooresville/Lake Norman | 704 450-0439
ABOUT
Property Information
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).
SPECIFICS
Property Details
Price:
$650,000
MLS #:
CAR4051007
Status:
Active
Beds:
3
Baths:
1
Address:
116 Lipe Road
Type:
Single Family
Subtype:
Single Family Residence
City:
Troutman
Listed Date:
Jul 20, 2023
State:
NC
Finished Sq Ft:
1,025
ZIP:
28166
Lot Size:
257,004 sqft / 5.90 acres (approx)
Year Built:
1924
AMENITIES
Interior
Appliances
Electric Oven
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Heat Pump
Laundry Features
Laundry Room
AMENITIES
Exterior
Construction Materials
Aluminum, Vinyl
Parking Features
Driveway
NEIGHBORHOOD
Schools
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
FINANCIAL
Financial
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Courtesy of Allen Tate Mooresville/Lake Norman. Based on information submitted to the MLS GRID as of 2024-12-28 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2024. All rights reserved.
116 Lipe Road
Troutman, NC
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