116 Lipe RD Active Save Request In-Person Tour Request Virtual Tour
Troutman,NC 28166
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $634
MLS Listing ID 4051007
Bedrooms 3
Full Baths 1
Year Built 1924
Lot Size 5.900 Acres
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 subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).
Location
State NC
County Iredell
Zoning RA
Interior
Heating Heat Pump
Cooling Central Air
Building
Dwelling Type Manufactured
Foundation Crawl Space
Sewer Septic Installed
Water Well
Structure Type Aluminum,Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Special Listing Condition None