For sale · 109 days on market
$786,000
1954 Lakeview Road, Asheboro, NC 27203
0.48 acre lot · built 1979
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Call about this houseExpand 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!
Facts
- Type
- Apartment
- Year built
- 1979
- Lot
- 0.48 acres
- Heating
- Baseboard, Electric
- Cooling
- Window Unit(s)
- Parking
- Paved
- Appliances
- Electric Water Heater
- Water
- Public
- Sewer
- Public Sewer
- HOA
- None
- Taxes (annual)
- $2,393
- County
- Randolph
- MLS #
- 1215392
Ask an agent what this means
109 days on the market at $786,000.
Whether that's the right price for this street is a two-minute conversation with someone who sells here.
Where it sits
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Listing courtesy of Howard Hanna Allen Tate-Asheboro. Information deemed reliable but not guaranteed. Listing data is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 58 days ago.
Keller Williams One (GKWG01) Lic#C14887
