Troutman · Troutman, NC
112 Rumple Street
Troutman, NC · 992 sqft
$225,000
- 2Beds
- 1Baths
- 992SqFt
- 1949Year
- 1Days on market
About this home
Investor/value-add opportunity in the heart of Troutman. This 2 bedroom, 1 bath home sits on a 0.15-acre lot zoned CB (Central Business), offering flexibility beyond traditional residential use. Built in 1949, the home is being sold as-is and is ready for a buyer to bring their vision, whether that's a light rehab for rental or resale, or something more suited to the commercial zoning. Located directly across from Troutman Elementary and just a short walk from downtown Troutman's shops and restaurants, with easy access to Lake Norman and I-77. Sold strictly as-is. Do not disturb tenant.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 992
- Lot
- —
- Year built
- 1949
- Type
- Single Family
- Days on market
- 1
- Heating
- Propane, Radiant
- Cooling
- Window Unit(s)
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,627/ month
- Principal & interest
- $1,393
- Property tax (~0.90%)
- $168
- Homeowners insurance
- $65
- HOA dues
- —
Down payment
$11,250 down · $213,750 financed
Income to qualify (28% rule)
~$69,765 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.