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
Baths0.0

Monthly Estimate*

$ 11,699

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Studio

Multi-Family Home for sale in Asheboro, NC

for $1,900,000. This home was built in 1981.

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.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,157

Style

Apartment

Year Built

1981

Town/City

Asheboro

County/Region

Randolph

MLS | Web ID

1222035

Features
General
Sewer Public Sewer
Heating Baseboard Electric
Cooling Window Unit(s)
Appliances Electric Water Heater
Zoning RA-6
Pool Features None
Construction Materials Brick Wood Siding
Year Built 1981
Property Subtype Apartment
County Randolph
Insurance Expense 13648
Property Type Residential Income
HOA No
Status Active
Directions I-74 exit 77 left onto Spero Rd. left onto Lakeview Rd.
City Asheboro
Tax Annual Amount 7157
Standard Status Active
Pool Y/N No
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Interior
Flooring Carpet Vinyl
Laundry Features None
Heating Fuel Electric
Water Heater Electric
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Exterior
Parking Features Paved
Water Source Public
Building Area Total 11100
Lot Dimensions irregular
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Internal Only
Street Number 1 1963
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* Excluded Features
List By
Angela Hoke

Listing Agent

Re/Max Executive

Broker

angelahokerealtor@yahoo.com

Email

Affordability Calculator

$12,295
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$596
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
584379 Elementary School
584626 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$1,900,000 Listed Price

Map


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