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116 Lipe Road, Troutman, NC 28166
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$650,000
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Home Details for 116 Lipe Road
Price
$650,000
Type
Lots/Land
County
Iredell
MLS®️ Listing#
4049791
On exitrealty.com
516 days
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).
- Water Features
- Well
School Information
School Information for 116 Lipe Road
Elementary School
Troutman
Middle School
Troutman
High School
South Iredell
Listing courtesy: Allen Tate Mooresville/Lake Norman - 704-664-9333
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