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Property Description

Investment Opportunity - 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three 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 all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building 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. All buildings have new roofs. Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .3 acre, 1977 Lakeview was built in 1980 and is .43 acre.

Overview

Property Status
For Sale
Lot Size
1.15 Acres
MLS ID
4387198
Property Type
Condo
Year Built
1981

Features & Amenities

Total Area
11,100 Sq.Ft.
Stories
2
Water Source
City
Utilities
Cable Available, Electricity Connected
Roof
Architectural Shingle
Parking
Parking Lot
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Laundry Room
None
Appliances
Electric Range, Exhaust Hood, Refrigerator
Sewer
Public Sewer
Substructure
Slab
Security Features
Smoke Detector(s)
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Sales Price
$1,900,000

Downloads

Two-story brick residential building with a central outdoor staircase, balconies, and parking in front.

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 1963 1971 1977 Lakeview Road, Asheboro, NC 27203

1963 1971 1977 Lakeview Road
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1963 1971 1977 Lakeview Road

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    License #NC 247515

    (704) 707-6632
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