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$786,000
Active1954 Lakeview Road
Asheboro, NC 27203
0.48
Acres
109
Days on Market
1215392
MLS#
Multi-Family
Type
Unit
Structure
Residential
Zone
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!
Property Details
- Cooling
- Window Unit(s)
- Heating
- Baseboard, Electric
- Cooling Features
- Window Unit(s)
- Acres
- 0.48
- Parking Features
- Paved
- Property Type
- Multi-Family
- Year Built
- 1979
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Appliances
- Electric Water Heater
- County
- Randolph
- Region
- Asheboro
- Zoning
- RA6
- Taxes Annual
- $2,393
- MLS #
- 1215392
- Property Subtype
- Apartment
- MLS #
- 1215392
- Date Listed
- April 09, 2026
- Address
- 1954 Lakeview Road
Location
Legal
Listings identified with the TRIADMLS IDX logo come from TRIADMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
Provided By
Listed by Hannah Hunt (#310515)
Listing Office: Howard Hanna Allen Tate-Asheboro (#AATC01)