1955 1967 Lakeview Road, Asheboro NC

  • 0.9 ac

For Sale $1,520,000

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Remarks:

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.

General Information:

List Price: $1,520,000
Status: For Sale
Type: Apartment
Parking: Parking Lot
MLS Number: CAR4387146
Subdivision: None
Year Built: 1980
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
06-08-2026 Listed $1,520,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Charles W McCrary Elementary 3 miles KG-05 4
Lindley Park Elementary School 3 miles KG-05 4
Donna L Loflin Elementary School 4 miles KG-05 3
Guy B Teachey Elementary School 5 miles KG-05 7
Franklinville Elementary School 6 miles KG-05 7
New Market Elementary School 6 miles KG-05 7

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
1955 1967 Lakeview Road, Asheboro NC 0 mi $1,520,000 days
1962 & 1966 Lakeview Road, Asheboro NC 0.1 mi $750,000 days
1963 1971 1977 Lakeview Road, Asheboro NC 0.1 mi $1,900,000 days
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Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

Commute Distance & Time

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

    * Expand Calculator (incl. monthly expenses)

    Property Taxes
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    H.O.A. / Maintenance
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    Property Insurance
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    Total Monthly Payment $20,941

    Demographic Data For Zip 27203

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  • Occupancy Types
    Transportation to Work

    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By RE/MAX Executive

    1955 1967 Lakeview Road, Asheboro NC is a ft2 on a 0.850 acres Appraisal lot. This is for $1,520,000. This has bedrooms, baths, and was built in 1980.

    Based on information submitted to the MLS GRID as of 2026-06-08 11:26:18 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.