$650,000
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116 Lipe Road Troutman, NC 28166
Single Family
Residence
3
Beds
1
Baths
1,025
Sq. Ft.
5.9
Acre
Lot
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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 propert...y 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#
4051007
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1924
Square Feet
1,025
sq. ft
Lot Size
5.9
Stories
1.0
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