8
  • Property Type
  • Apartment, Residential Income
  • 8800 Sqft
  • Area Size
  • 1980
  • Year Built

1955 1967 Lakeview Road, Asheboro, North Carolina 27203

  • $1,520,000

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.

  • Address: 1955 1967 Lakeview Road
  • City: Asheboro
  • State/county: NC
  • Zip/Postal Code: 27203
  • Area: NONE

Details

Updated on May 29, 2026 at 2:13 pm
  • Property ID 4387146
  • Price $1,520,000
  • Property Size 8800 m²
  • Year Built 1980
  • Property Type Apartment, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash
  • Roof Architectural Shingle
  • Sewer Public Sewer
  • Cooling Window Unit(s)
  • Heating Baseboard
  • County Randolph
  • Property Type Residential Income
  • Parking Parking Lot
  • Elementary School Unspecified
  • Middle School Unspecified
  • High School Unspecified

Mortgage Calculator

Contact Information

View Listings
The Simpson Group Realty
  • The Simpson Group Realty

Enquire About This Property

Similar Listings