116 Lipe RD Active

Troutman,NC 28166

$ 650000

- Bed

- Bath

- SqFt


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

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

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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