1954 Lakeview Road, Asheboro, North Carolina image 1
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1954 Lakeview Road

Asheboro, NC 27203
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$786,000 $3,313/Mo
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Bed --

Bed

Bath 0

Bath

Acres0.48

Acre(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 tion & 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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Detail Ic Property Details

Property Type : Residential Income

Price : $786,000

AD Id : 88502689

MLS Id : 1215392

Lot Size : 0.48 Acre

Tax Amount : 2393.00

Year Built : 1979

County : Randolph

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Feature Features

  • Interior Features

    Appliances: Electric Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1979 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.48

  • Listing Price Information

    Listing Price: $786000

  • Tax Information

    Annual Tax: $2393

  • Parking Information

    Paved

  • Location Information

    Direction: N. Fayetteville St, right onto Central Falls, left onto Lakeview Rd. Apartment building on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1088 Country Place Road, Asheboro, NC, 27203 $262,900 3 2 1,105 0.58 Acre
1320 Robins Nest, Asheboro, NC, 27203 $354,900 3 3 1,499 0.35 Acre
1377 Robins Nest Drive, Asheboro, NC, 27203 $285,000 3 3 1,641 0.30 Acre
1380 Ridgewood Circle, Asheboro, NC, 27203 $515,000 3 4 2,987 0.80 Acre
723 Windsor Trail, Asheboro, NC, 27203 $349,000 4 2 1,771 0.57 Acre
1025 Parkview Street, Asheboro, NC, 27203 $276,900 3 1 1,683 0.37 Acre
1119 Old Cedar Falls Road, Asheboro, NC, 27203 $159,000 2 1 867 0.19 Acre
1154 E Allred Street, Asheboro, NC, 27203 $295,000 4 3 1,946 0.47 Acre
603 Shannon Road, Asheboro, NC, 27203 $329,900 3 2 2,210 0.45 Acre
512 Glovinia Street, Asheboro, NC, 27203 $149,400 2 1 704 0.14 Acre

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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 09/14/2026 @ 17:53

ByOwner last updated this listing 09/14/2026 @ 17:53

MLS: 1215392 LISTED BY: Hannah Hunt, Howard Hanna Allen Tate-Asheboro 336-633-1333 SOURCE: Triad MLS

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