Address
116 Lipe Road, Troutman, NC
Price
$ 650,000
Property Attributes
- ID#4049791
- TypeLot-Land
- CountyIREDELL
- CityTroutman
- AreaIredell County
- Zip28166
- StyleAcreage
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5.9 Acres
Data Source:
Canopy MLS
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).
| Elementary School | Middle School | High School |
|---|---|---|
| Troutman Elementary School | Troutman Middle School | South Iredell High School |
| Price History | |
|---|---|
| 7/16/2023 | Listed $650,000 |
General Features
| Sewer | Septic Installed |
|---|---|
| Zoning | RA |
| Property SubType | Acreage |
| County | Iredell |
| Property Type | Land |
| Possible Use | Residential,Other - See Remarks |
| High School | South Iredell |
| City | Troutman |
| Street Name | Lipe |
| Elementary School | Troutman |
| Middle/Junior High School | Troutman |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Restrictions | N/A |
| Tax Assessed Value | 220770 |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Water Source | Well |
|---|---|
| Lot Size Area | 5.9 |
| Lot Size Units | Acres |
| Road Responsibility | Publicly Maintained Road |
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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