1954 Lakeview Road
Asheboro, NC 27203
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Bed
0
Bath
0.48Acre(Lot)
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 transac
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1979 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.48
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Listing Price Information
Listing Price: $800000
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Tax Information
Annual Tax: $2393
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Parking Information
Paved
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Location Information
Direction: N. Fayetteville St, right onto Central Falls, left onto Lakeview Rd. Apartment building on the right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1320 Robins Nest, Asheboro, NC, 27203 | $369,000 | 3 | 3 | 1,499 | 1,499 SqFt |
| 1377 Robins Nest Drive, Asheboro, NC, 27203 | $290,000 | 3 | 3 | 1,641 | 1,641 SqFt |
| 1380 Ridgewood Circle, Asheboro, NC, 27203 | $575,000 | 3 | 4 | 2,987 | 2,987 SqFt |
| 1025 Parkview Street, Asheboro, NC, 27203 | $279,900 | 3 | 1 | 1,683 | 1,683 SqFt |
| 512 Glovinia Street, Asheboro, NC, 27203 | $149,400 | 2 | 1 | 704 | 704 SqFt |
| 463 Glovinia Street, Asheboro, NC, 27203 | $159,000 | 3 | 1 | 995 | 995 SqFt |
| 821 Oak Bend Drive, Asheboro, NC, 27203 | $276,000 | 3 | 3 | 1,510 | 1,510 SqFt |
| 1962 & 1966 Lakeview Road, Asheboro, NC, 27203 | $750,000 | 16 | 8 | 6,560 | 6,560 SqFt |
| 1249 Eton Avenue, Asheboro, NC, 27203 | $424,000 | 3 | 3 | 2,063 | 2,063 SqFt |
| 1684 Pen Oak Drive, Asheboro, NC, 27203 | $305,000 | 3 | 3 | 1,566 | 1,566 SqFt |
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Nearby For Sale
Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' 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 deemed reliable but not guaranteed. Data last updated 06/12/2026 @ 20:23
ByOwner last updated this listing 06/12/2026 @ 20:23
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