1954 Lakeview Road, Asheboro, NC 27203
- $786,000
- List Price
- $786,000
- Price Change
- ▼ $14,000 1785205608
- MLS#
- 1215392
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Apartment
- Lot Size
- 20,908
Property Description
Expand your portfolio w/ this stabilized, income-producing asset at 1954 Lakeview Rd. This impressive 10-unit complex is fully occupied & consists of uniform 1-bedroom, 1-bathroom units, providing a streamlined management experience & consistent demand. Property currently generates monthly rental income of $7,739, resulting in substantial gross annual income of $92,868. W/ 100% occupancy & a mix of established & new leases, property offers immediate, reliable cash flow from day one. The standardized layouts allow efficient turnovers and simplified maintenance, ideal for investor seeking a turnkey multi-family addition. Financial details, including a full Profit & Loss statement & current lease ledger, are available in the attached documents for your review. To ensure a professional transaction & respect privacy, proof of funds or mortgage pre-approval is required prior to scheduling any walkthroughs. Don't miss out on this high-performing residential complex!
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Additional Information
- Acres
- 0.48
- Appliances
- Electric Water Heater
- Cooling Type
- Window Unit(s)
- Heating
- Baseboard, Electric
- Heating Fuel
- Electric
- Lot Size
- 20,908
- Parking
- Paved
- Sewer
- Public Sewer
- Show Street Address
- Yes
- Water
- Public
- Water Heater
- Electric
- Year Built
- 1979
Mortgage Calculator
Listing courtesy of Howard Hanna Allen Tate-Asheboro. Contact: