1955 1967 Lakeview Road, Asheboro, NC 27203

$1,520,000
8,800
SqFt

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List Price
$1,520,000
Status
ACTIVE
Days on Market
93
MLS#
4387146
Year Built
1980
Living Area
8,800
Lot Size
37,026
Acres
0.85
Neighborhood
No Neighborhood

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

Appliances
Electric Range, Exhaust Fan, Refrigerator
Heating
Baseboard
Air Conditioning
Window Unit(s)
Exterior Construction
Site Built
Roof
Architectural Shingle
Foundation
Slab
Parking
Parking Lot
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified

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

“ 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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