For Sale $1,520,000
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.
| 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 |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-08-2026 | Listed | $1,520,000 | N/A |
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.
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 |
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 |
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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)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
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.
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