1955, 1967 Lakeview Road, Asheboro, NC 27203

$1,520,000

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List Price
$1,520,000
MLS#
1222036
Status
ACTIVE
Type
Multifamily
Subtype
Apartment

Property Description

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. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Additional Information

Appliances
Electric Water Heater
Built Information
Existing
Cooling Type
Window Unit(s)
Flooring
Vinyl
Heating
Baseboard, Electric
Heating Fuel
Electric
Lot Dimensions
irregular
Parking
Paved
Sewer
Public Sewer
Show Street Address
Yes
Style
Two Story
Total Units
16
Water
Public
Water Heater
Electric
Year Built
1980

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Executive. Contact: