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1954 Lakeview Road

Asheboro, NC 27203
  • $800,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 1215392
Price Reduced
$800,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

Description

Expand your portfolio w/ this stabilized, income-producing asset at 1954 Lakeview Rd. This impressive 10-unit complex is fully occupied & consists of uniform 1-bedroom, 1-bathroom units, providing a streamlined management experience & consistent demand. Property currently generates monthly rental income of $7,739, resulting in substantial gross annual income of $92,868. W/ 100% occupancy & a mix of established & new leases, property offers immediate, reliable cash flow from day one. The standardized layouts allow efficient turnovers and simplified maintenance, ideal for investor seeking a turnkey multi-family addition. Financial details, including a full Profit & Loss statement & current lease ledger, are available in the attached documents for your review. To ensure a professional transaction & respect privacy, proof of funds or mortgage pre-approval is required prior to scheduling any walkthroughs. Don't miss out on this high-performing residential complex!

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Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data last updated 2026-05-15T23:30:46.66.
www.lewisclarkrealtorsgso.com/homes/174981980
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1954 Lakeview Road Asheboro, NC 27203

  • Price: $800,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 1215392
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1979
Built
County:
Randolph
Area:
Randolph
Property Description
Expand your portfolio w/ this stabilized, income-producing asset at 1954 Lakeview Rd. This impressive 10-unit complex is fully occupied & consists of uniform 1-bedroom, 1-bathroom units, providing a streamlined management experience & consistent demand. Property currently generates monthly rental income of $7,739, resulting in substantial gross annual income of $92,868. W/ 100% occupancy & a mix of established & new leases, property offers immediate, reliable cash flow from day one. The standardized layouts allow efficient turnovers and simplified maintenance, ideal for investor seeking a turnkey multi-family addition. Financial details, including a full Profit & Loss statement & current lease ledger, are available in the attached documents for your review. To ensure a professional transaction & respect privacy, proof of funds or mortgage pre-approval is required prior to scheduling any walkthroughs. Don't miss out on this high-performing residential complex!
Exterior Features

Parking Features Paved Pool Features None Pool YN No

Interior Features

Appliances Electric Water Heater Basement YN No Cooling Window Unit(s) Heating BaseboardElectric Water Heater Electric

Property Features

Association YN No Heating Fuel Electric Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Owner Sale Tax Annual Amount 2393 Water Source Public

Listing information © 2026 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Howard Hanna Allen Tate-Asheboro:336-633-1333. Information deemed reliable but not guaranteed.


Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data last updated 2026-05-15T23:30:46.66.
 
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Lewis & Clark, Realtors®
1016 N. Elm Street
Greensboro NC, 27401