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1963 1971 1977 Lakeview Road

Asheboro, NC 27203
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Bed 0

Bed

Bath 0

Bath

SqFt11,100

Sqft

Acres1.15

Acres(Lot)

Investment Opportunity – 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three 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 all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building 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, lon g-term hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential. All buildings have new roofs. Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .3 acre, 1977 Lakeview was built in 1980 and is .43 acre.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,900,000

AD Id : 79450284

MLS Id : CAR4387198

Lot Size : 1.15 Acres

Living Area Size : 11,100

Year Built : 1981

County : Randolph

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Feature Features

  • Interior Features

    Roof: Architectural Shingle Appliances: Electric Range, Exhaust Hood, Refrigerator Laundry Features: None

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Carpet, Vinyl Construction Materials: Brick Full, Wood
  • Heating & Cooling

    Heating: Baseboard Cooling: Window Unit(s) WaterSource: City

  • Building Information

    Year Built: 1981

  • Lot Information

    Lot Size Area: 1.15 acre

    Property Information

    Property Type: Residential Income Sub Type: Apartment

  • Listing Price Information

    Original List Price:$1900000

  • Tax Information

    Tax Assessed Value: 551080 Parcel Number: 7762-49-5461

  • Parking Information

    Parking Lot

  • School Information

    Elementary School: Unspecified Junior High School: Unspecified Senior High School: Unspecified
  • Utility Information

    Cable Available, Electricity Connected Sewer: Public Sewer Water Source: City
  • Location Information

    Subdivision: None City: Asheboro Direction: I-74 exit 77, left onto Spero Rd., left onto Lakeview Rd.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1955 1967 Lakeview Road, Asheboro, NC, 27203 $1,520,000 -- -- 8,800 8,800 SqFt
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ByOwner last updated this listing 07/31/2026 @ 06:20

MLS: CAROLINA #4387198 LISTED BY: Angela Hoke, RE/MAX Executive 704-540-7500 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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