1955 1967 Lakeview Road, Asheboro, NC 27203

$1,520,000
8,800
SqFt

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Listing courtesy of RE/MAX Executive. angelahokerealtor@yahoo.com

List Price
$1,520,000
MLS#
4387146
Status
ACTIVE
Days on Market
105
Property Type
Residential Income
Year Built
1980
Lot Size
37,026
Lot Size Area
0.85
Living Area
8,800
Sq Ft Total
8800
County
Randolph
Subdivision
No Neighborhood
Special Conditions
None
Dom
Yes

Property Description

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. All buildings have new roofs. Acreage is for all 2 properties combined. 1955 Lakeview was built in 1972 and is .43 acre, 1967 Lakeview was built in 1980 and is .3 acre. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Additional Information

Equipment
Electric Range, Exhaust Fan, Refrigerator
Foundation
Slab
Laundry Location
None
Heating
Baseboard
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full, Wood
Roof
Architectural Shingle
Parking
Parking Lot
Driveway
Asphalt, Paved
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
8800

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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