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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 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).PROPERTY FEATURES
Room Count : 2
Water Source : Well
Sewer System : Septic Installed
Parking Features :
Road Surface Type : Dirt
Heating : Heat Pump
Construction Type : Manufactured
Construction Materials : Aluminum
Foundation Details: Crawl Space
Laundry Features : Laundry Room
Appliances : Electric Oven
Main Area : 1025 S.F
PROPERTY DETAILS
Street Address: 116 Lipe Road
City: Troutman
State: North Carolina
Postal Code: 28166
County: Iredell
MLS Number: 4051007
Year Built: 1924
Courtesy of Allen Tate Mooresville/Lake Norman
City: Troutman
State: North Carolina
Postal Code: 28166
County: Iredell
MLS Number: 4051007
Year Built: 1924
Courtesy of Allen Tate Mooresville/Lake Norman
Courtesy of Sam Barnett Real Estate
