116 Lipe RD, Troutman, NC 28166 – 4051007 - Dana Sellers

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Dana Sellers

sellers.dana@gmail.com +1(704) 517-7684

$650,000

Est. payment - /mo

3 Beds

1 Bath

1,025 SqFt

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UPDATED:

08/23/2024 07:01 PM

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

Abv Grd Liv Area 1,025

Year Built 1924

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 subdivision, minimum lot size is 25,000 sq. ft. per dwelling (.57ac).

Location

State NC

County Iredell

Zoning RA

Rooms

Main Level Bedrooms 3

Interior

Heating Heat Pump

Cooling Central Air

Appliance Electric Oven

Exterior

Garage false

Building

Dwelling Type Manufactured

Foundation Crawl Space

Sewer Septic Installed

Water Well

Level or Stories One

Structure Type Aluminum,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Special Listing Condition None

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Listed by Candy McCarty • Allen Tate Mooresville/Lake Norman • candy.mccarty@allentate.com

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Dana Sellers

+1(704) 517-7684

Realtor®/Broker | License ID: 230087

Realtor®/Broker License ID: 230087

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