$ 650,000
116 Lipe RD Troutman, NC 28166
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$ 650,000
Est. payment | /mo
5.9 Acres Lot
$ 650,000
Est. payment | /mo
5.9 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4049791
Lot Size 5.900 Acres
Acres 5.9
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 subdivisions, the minimum lot size is 25,000 sq. ft. per dwelling (.57ac).
Location
State NC
County Iredell
Zoning RA
Building
Sewer Septic Installed
Water Well
Schools
Elementary Schools Troutman
Middle Schools Troutman
High Schools South Iredell
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Candy McCarty • Allen Tate Mooresville/Lake Norman • candy.mccarty@allentate.com
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Todd Brower
REALTOR® | Lic# NC 199514 | SC 4242