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

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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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116 Lipe Road
Troutman, NC