116 Lipe Road Troutman NC 28166 MLS #CAR4051007

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116 Lipe Road

$650,000

Troutman, NC, 28166

singlefamily

Lot Size: 5.9 Acres

Street View data not found for this location.

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

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Price:

$650,000

MLS #:

CAR4051007

Status:

Active

Beds:

Baths:

Address:

116 Lipe Road

Type:

Single Family

Subtype:

Single Family Residence

City:

Troutman

Listed Date:

Jul 20, 2023

State:

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

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Courtesy of Allen Tate Mooresville/Lake Norman. Based on information submitted to the MLS GRID as of 2024-11-07 (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.

Rover IDX

116 Lipe Road

Troutman, NC

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112 Mountains Blvd., Lake Lure, NC 28746

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