403 Lytton Street Troutman, NC $ 795,000
403 Lytton Street
$ 795,000
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403 Lytton Street

Troutman, NC, 28166
$ 795,000
Baths0.0

Monthly Estimate*

$ 5,553

403 Lytton Street, Troutman, NC 28166 - Image 1
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Studio

Lots and Land for sale in Troutman, NC

for $795,000. The lot size is 3.76.

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.

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Lots and Land Active

Price

$ 795,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

3.76

Town/City

Troutman

County/Region

Iredell

MLS | Web ID

4028891

Features
General
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
Restrictions Other - See Remarks
Tax Assessed Value 120070
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Exterior
Water Source City Tap Fee Required
Lot Size Area 3.76
Lot Dimensions 181x994x178x810
Lot Size Units Acres
Road Responsibility Other - See Remarks
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Interior
Street Suffix Street
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Ronald Scott Properties Inc

Broker

Affordability Calculator

$5,553
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,553
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
293866 Elementary School
294168 Middle School
South Iredell High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$795,000 -6.47% Price Down
5/10/2023$850,000 Listed Price

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403 Lytton Street, Troutman, NC, 28166 is a Lots and Land for sale at $795,000 with a lot size of 3.76. 403 Lytton Street is a studio with 0.0 baths. The property's zip code is 28166 which is in Troutman, NC