116 Lipe Road

116 Lipe Road

Troutman, NC 28166
$650,000

  • Bedrooms:
  • Bathrooms:
  • Lot Size: N/A acres
  • Has Garage: No
  • Has Basement: No
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).

Property Summary
Property Type: Land Property Subtype : Acreage
Year Built : N/A Construction Type : N/A
Lot Size : acres Living Area : 0 sqft
More Information
  • Heating : N/A
  • Cooling : N/A
  • Water Source : Well
  • Road : Publicly Maintained Road

Based on information submitted to the MLS GRID as of 05-22-2024 04:14:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By
Allen Tate Mooresville/Lake Norman
Candy McCarty
704-664-9333
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