1955 1967 Lakeview Road, Asheboro, NC 27203

Asheboro
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Partners
Listed by: angela hoke
Office: re/max executive
MLS#:4387146
Source:CH
1955 1967 Lakeview Road,Asheboro, NC 27203
$1,520,000
  • - Beds
  • - Baths
  • 8,800 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,520,000
  • Price per sq. ft.:$172.73

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. 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...

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Home facts

  • Year built:1980
  • Subdivision & Development:None
  • Listing ID #:4387146
  • Updated:August 25, 2026 at 01:38 PM

Rooms and interior

  • Kitchen Description:Electric Range, Exhaust Fan, Refrigerator
  • Living area:8,800 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1980
  • Building area:8,800 sq. ft.
  • Lot area:0.85 Acres
  • Construction Materials:Wood
  • Foundation Description:Slab

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,520,000
  • Price per sq. ft.:$172.73

Parking

  • Parking description:Parking Lot
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