Rachel Reardon, REALTOR
704-560-3800
https://rachelreardon.com/

Property MLS #4051007

Property Features

Address:
116 Lipe Road
Troutman, NC 28166

List Price: $650,000
Year Built: 1924
Type: Single Family Residence
Square Feet: 1025 sqft.
Bedrooms: 3
Bathrooms: 1 Full Subdivision:
Parking: Driveway

Elem. School: Unspecified
Middle School: Unspecified
High School: Unspecified

Acreage: 5.9
Waterfront/Waterview: N/A
Siding:
Exterior Features:
HVAC: Heat Pump
MLS Number: 4051007

For more info on this property, please call 704-560-3800.

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).

Listing courtesy of: Allen Tate Mooresville/Lake Norman

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