Print Listing Details for 116 Lipe Rd

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116 Lipe Rd Troutman, North Carolina 28166 MLS# 4051007

• $650,000
• 3 Bedrooms, 1 Baths, 1025 Sq. Ft., 0 Garage Spots

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Property Remarks

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).

Room Locations

Bathroom-Full	Main
Primary Bedroom	Main

Bathrooms

• 1 Full Baths

• *Approximate Payments: $3,162
• Days on Market: 295

• Address: 116 Lipe Rd
• City: Troutman
• Zip Code: 28166
• County: Iredell

• Elementary School: Unspecified
• Junior High: Unspecified
• High School: Unspecified

• Fireplace: No
• Laundry Location: Laundry Room
• Appliances: Electric Oven

• HVAC: Heat Pump
• Water: Well
• Sewer: Septic Installed

• Construction Materials: Aluminum,Vinyl

• Lot Size: Acres

• Parking: Driveway
• Driveway: Dirt

• Property Type: Single Family
• New Construction: No
• Foundation: Crawl Space

• List Status: Active
• : candy.mccarty@allentate.com

Listing Courtesy of Allen Tate Mooresville/Lake Norman
This listing was Active when printed on 5/9/2024

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The data relating to real estate for sale 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. Based on information submitted to the MLS GRID as of 5/9/2024 2:36:09 AM. 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.

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