1977 Lakeview Rd Asheboro, NC 27203
Asheboro AreaEstimated payment $11,019/month
Highlights
- No HOA
- Wood Siding
- Carpet
- Baseboard Heating
About This Home
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,157
Year Built
- Built in 1981
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Wood Siding
Flooring
- Carpet
- Vinyl
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 7762495461,7762496498, 77624
- 0% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- 11,100 Sq Ft Building
Additional Features
- No Laundry Facilities
- Insurance Expense $13,648
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,081 | $220,200 | $12,200 | $208,000 |
| 2024 | $5,601 | $202,700 | $12,200 | $190,500 |
| 2022 | $5,352 | $178,400 | $12,200 | $166,200 |
| 2021 | $4,170 | $139,000 | $12,200 | $126,800 |
| 2020 | $3,804 | $126,800 | $12,200 | $114,600 |
| 2019 | $3,804 | $126,800 | $12,200 | $114,600 |
| 2018 | $3,483 | $116,100 | $12,200 | $103,900 |
| 2017 | $3,450 | $115,000 | $12,200 | $102,800 |
| 2016 | $3,450 | $115,000 | $12,200 | $102,800 |
| 2014 | $3,297 | $109,900 | $12,200 | $97,700 |
| 2013 | $3,297 | $107,700 | $12,200 | $95,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2026 05/26/26 | For Sale | $1,900,000 | -- | -- |
Source: Triad MLS
MLS Number: 1222035
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Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.
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Ask me questions while you tour the home.