1963 1971 1977 Lakeview Road Asheboro, NC $ 1,900,000
1963 1971 1977 Lakeview Road
$ 1,900,000
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1963 1971 1977 Lakeview Road

Asheboro, NC, 27203
$ 1,900,000
Bedrooms-- Baths0.0 Sq 11,100

Monthly Estimate*

$ 13,123

1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 1
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 2
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 3
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 4
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 5
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 6
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 7
1963 1971 1977 Lakeview Road, Asheboro, NC 27203 - Image 8

Multi-Family Home for sale in Asheboro, NC

for $1,900,000. This 11,100 square foot home was built in 1981 on a lot size of 1.15.

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.

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Multi-Family Active

Price

$ 1,900,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.15

Year Built

1981

Town/City

Asheboro

County/Region

Randolph

MLS | Web ID

4387198

Features
General
Living Area 11100
Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s)
Utilities Cable Available Electricity Connected
Roof Architectural Shingle
Appliances Electric Range Exhaust Hood Refrigerator
Security Features Smoke Detector(s)
Construction Materials Brick Full Wood
Pets Allowed Conditional
Year Built 1981
Tenant Pays Cable TV Electricity Internet
Stories Count 2
Property Subtype Apartment
Parcel Number 7762-49-5461
Additional Parcels Description 7762496498 7762494303
County Randolph
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Directions I-74 exit 77 left onto Spero Rd. left onto Lakeview Rd.
High School Unspecified
City Asheboro
Senior Community Y/N N
Number Of Units Total 20
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 551080
Listing Terms Cash
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Interior
Flooring Carpet Vinyl
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 11100
Laundry Features None
Below Grade Finished Area 0
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Exterior
Parking Features Parking Lot
Water Source City
Lot Size Area 1.15
Foundation Details Slab
Building Area Total 11100
Road Surface Type Asphalt Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded Features
List By
Re/Max Executive

Broker

Affordability Calculator

$13,123
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,123
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$1,900,000 Listed Price

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1963 1971 1977 Lakeview Road, Asheboro, NC, 27203 is a Multi-Family Home for sale at $1,900,000 with 11,100 sqft and a lot size of 1.15. 1963 1971 1977 Lakeview Road has 0.0 baths and was built in 1981. The property's zip code is 27203 which is in Asheboro, NC