1955 1967 Lakeview Road Asheboro, NC $ 1,520,000
1955 1967 Lakeview Road
$ 1,520,000
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1955 1967 Lakeview Road

Asheboro, NC, 27203
$ 1,520,000
Bedrooms-- Baths0.0 Sq 8,800

Monthly Estimate*

$ 10,498

1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 1
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 2
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 3
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 4
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 5
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 6
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 7
1955 1967 Lakeview Road, Asheboro, NC 27203 - Image 8

Multi-Family Home for sale in Asheboro, NC

for $1,520,000. This 8,800 square foot home was built in 1980 on a lot size of 0.85.

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.

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Multi-Family Active

Price

$ 1,520,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.85

Year Built

1980

Town/City

Asheboro

County/Region

Randolph

MLS | Web ID

4387146

Features
General
Living Area 8800
Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s)
Roof Architectural Shingle
Appliances Electric Range Exhaust Fan Refrigerator
Construction Materials Brick Full Wood
Pets Allowed Conditional
Year Built 1980
Tenant Pays All except water
Property Subtype Apartment
Parcel Number 7762-49-1297
Additional Parcels Description 7762-49-4397
County Randolph
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Directions I-73/US-220 exit 77 right onto Spero Rd. left onto Lakeview Rd
High School Unspecified
City Asheboro
Senior Community Y/N N
Number Of Units Total 16
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Tax Assessed Value 256640
Listing Terms Cash
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Exterior
Parking Features Parking Lot
Water Source City
Lot Size Area 0.85
Foundation Details Slab
Building Area Total 8800
Road Surface Type Asphalt Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 8800
Laundry Features None
Below Grade Finished Area 0
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* Excluded Features
List By
Re/Max Executive

Broker

Affordability Calculator

$10,498
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,498
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$1,520,000 Listed Price

Map


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1955 1967 Lakeview Road, Asheboro, NC, 27203 is a Multi-Family Home for sale at $1,520,000 with 8,800 sqft and a lot size of 0.85. 1955 1967 Lakeview Road has 0.0 baths and was built in 1980. The property's zip code is 27203 which is in Asheboro, NC