1955 1967 Lakeview Rd, Asheboro, NC 27203

Sqft
8,800

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Listed byRE/MAX Executive
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Overview

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-term hold, or income-producing asset. All buildings have new roofs. Acreage is for all 2 properties combined. 1955 Lakeview was built in 1972 and is .43 acre, 1967 Lakeview was built in 1980 and is .3 acre. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Square feet
8,800
Lot size (acres)
0.85
Year built
1980

Interior features

Laundry
None

Exterior features

Water view
Yes

Utilities

Heating
Baseboard
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Canopy MLS MLS®#: 4387146 Last checked:

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