$1,900,000

1977 Lakeview Rd Asheboro, NC 27203

Estimated payment $10,878/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Angela Hoke

RE/MAX Executive License #247515 Listed on: 05/26/2026

RE/MAX Executive

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,157

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: irregular
  • Directions: I-74 exit 77, left onto Spero Rd., left onto Lakeview Rd.
  • Year Built: 1981
  • Idx Status: Active
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7762495461,7762496498, 77624
  • Zoning: RA-6
  • TRIADMLS_PlatBook: 96-33

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units In Community: 1
  • Insurance Expense: 13648

Tax Info

  • Tax Annual Amount: 7157
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 0.1321

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 For Sale $1,900,000 -- --
Source: Triad MLS

Source: Triad MLS

MLS Number: 1222035

Triad MLS
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