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116 Lipe Road

Troutman, NC 28166
  • $650,000
  • STATUS: Active
  • ON SITE: 226 Days
  • ID#: 4051007
UPDATED: 72 min ago
$650,000
  • 3
    BEDS
  • 5.9
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,025
    SQFT
  • $634
    $/SQFT
Neighborhood:
Type:
Manufactured Home
Built:
1924
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Allen Tate Mooresville/Lake Norman: 704-664-9333. Copyright 2024 Canopy MLS. All rights reserved.

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).

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MLS Grid logo Based on information submitted to the MLS GRID as of 2024-03-03T15:33:33.423 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

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116 Lipe Road Troutman, NC 28166

  • Price: $650,000
  • Status: Active
  • On Site: 226 Days
  • Updated: 72 min ago
  • ID#: 4051007
3
Beds
1
Baths
0
½ Baths
5.9
Acres
1,025
SQFT
$634
$/SQFT
1924
Built
Neighborhood:
None
County:
Iredell
Area:
Troutman
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
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).
Exterior Features

Carport YN No Construction Materials AluminumVinyl Construction Type Manufactured Foundation Details Crawl Space Garage YN No Levels One Main Level Garage YN No Parking Features Driveway Road Responsibility Publicly Maintained Road Road Surface Type Dirt

Interior Features

Above Grade Finished Area 1025 Appliances Electric Oven Basement YN No Below Grade Finished Area 0 Cooling Central Air Heating Heat Pump Laundry Features Laundry Room Lower Square Feet 0 Main Square Feet 1025 Rooms Main (Primary Bedroom) Main (Bathroom-Full) Sq Ft Unheated Total 0 Sq Ft Upper 0 Third Square Feet 0

Property Features

Assumable YN No Auction YN No CCRSubject To Undiscovered City Taxes Paid To No City Taxes Paid Hoa Subject To None New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Installed Special Listing Conditions None Water Source Well Zoning RA



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-03-03T15:33:33.423 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_2_4051007-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_2_4051007-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_2_4051007-1.jpg
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Rowena Patton's Allstar Powerhouse brokered by eXp
56 Central Avenue, Ste 201
Asheville NC, 28801
Canopy MLS logo Offered by Allen Tate Mooresville/Lake Norman: 704-664-9333. Copyright 2024 Canopy MLS. All rights reserved.