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$650,000

Beds
3
Baths
1.0
sq ft
1,025

116 Lipe Road, Troutman, NC 28166

116 Lipe Road

Troutman, NC 28166

  • 521 days on market
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).

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$635

Year built

1924

Price History

09/21/2023
CanopyMLS

CanopyMLS #4051007

Listed
$650,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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Status: Active

Tomo last checked: 12/23/2024 at 12:30 AM

Listing updated: 08/23/2024 at 3:05 PM

Listed by: Candy McCarty, Allen Tate Mooresville/Lake Norman Phone #: (704) 664-9333

MLS: CanopyMLS #4051007

CanopyMLS logo

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