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1955-1967 Lakeview Rd, Asheboro, NC, 27203

--beds
--baths
0sqft
$1,520,000
--price/sqft
$9,444/moest. monthly cost
$377,760/yrincome needed

About This Home

Investment Opportunity – 16 Apartment Units Across 2 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 16 individual apartment units located across 2 separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for both buildings. Tax value is for the 2 buildings together. Insurance is for both buildings combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

3/10
Balfour Elementary SchoolGrades PK-51.7 mi
5/10
5/10
Asheboro High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1980

Materials

  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Apartment,Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: None

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 7762494397
  • Zoning: RA6
  • Special condition: Owner Sale

Features

  • Pool features: None

Lot

  • Lot size dimensions: irregular

Parking

  • Parking features: Paved