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1955 1967 Lakeview Road

Asheboro, NC 27203
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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-t erm hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,520,000

AD Id : 79313869

MLS Id : 1222036

Year Built : 1980

County : Randolph

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Feature Features

  • Flooring Information

    Vinyl
  • Interior Features

    Appliances: Electric Water Heater Laundry Features: None
  • Heating & Cooling

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

  • Building Information

    Year Built: 1980 Construction Materials: Brick, Wood Siding Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: irregular

  • Listing Price Information

    Listing Price: $1520000 Cash

  • Tax Information

    Annual Tax: $3401

  • Parking Information

    Paved

  • Location Information

    Direction: I-73/US-220, exit 77, right onto Spero Rd., left onto Lakeview Rd WaterSource: Public
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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

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 06/17/2026 @ 23:31

ByOwner last updated this listing 06/17/2026 @ 23:31

MLS: 1222036 LISTED BY: Angela Hoke, RE/MAX Executive 704-662-0095 SOURCE: Triad MLS

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