Seller Financing
Address
403 Lytton Street, Troutman, NC
Price
$ 795,000
Property Attributes
- ID#4028891
- TypeLot-Land
- CountyIREDELL
- CityTroutman
- AreaIredell County
- Zip28166
- StyleUnimproved Commercial
- Price$ 795,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.76 Acres
Data Source:
Canopy MLS
Property Description
Developers, Builders, Investors must see: Site Ready, Engineered and Approved by the Town of Troutman for Building 24 Townhomes in the center of town with easy walkability to everything! This site plan is fully engineered and approved by the Town of Troutman (exceptions: waiting for water and sewer DEQ connection approvals). Buyer could probably move dirt and begin development within 60 days of purchase. Licensed NC Broker/Seller developed 6 rental townhomes on adjacent property that are fully rented with low vacancy rates, rent growth and increased residential sale values. New Buyer/Owner could do the same with 24 townhomes. This is a great location near the drug store, ABC store, Grocery, Town Hall, park, coffee shops, many restaurants, Lake Norman State Park and a winery. The elevation plans could be modified with town staff approval if similar in design and 24 units or less. Owner/Broker can email site plan/elevation drawings as they are too large to attach.
| Elementary School | Middle School | High School |
|---|---|---|
| Troutman Elementary School | Troutman Middle School | South Iredell High School |
| Price History | |
|---|---|
| 5/10/2023 | Listed $850,000 |
| 3/18/2024 | 7% - $795,000 |
General Features
| Sewer | Public Sewer,Tap Fee Required |
|---|---|
| Zoning | CB |
| Property SubType | Unimproved Commercial |
| County | Iredell |
| Property Type | Land |
| Possible Use | Development,Multi-Family,Residential,Subdevelopment |
| High School | South Iredell |
| City | Troutman |
| Street Name | Lytton |
| Elementary School | Troutman |
| Middle/Junior High School | Troutman |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Restrictions | Other - See Remarks |
| Tax Assessed Value | 120070 |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Water Source | City,Tap Fee Required |
|---|---|
| Lot Size Area | 3.76 |
| Lot Dimensions | 181x994x178x810 |
| Lot Size Units | Acres |
| Road Responsibility | Other - See Remarks |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Lot-Land Average in 28166
Price
Visits
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