1954 Lakeview Road,Asheboro, NC 27203
Asheboro, NC 27203
Description
Expand 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!
Details
| MLS # | 1215392 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1979 |
| Days On Site | 202 |
| Listing Provided By | Howard Hanna Allen Tate-Asheboro | Hannah Hunt |
Features
| Zoning | RA6 |
|---|---|
| Acreage | 0.48 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Baseboard, Electric |
| Appliances | Electric Water Heater |
Parking
| Parking Features | Paved |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 2393 |
|---|
Area Information
| State | NC |
|---|---|
| County | Randolph |
| City | Asheboro |
| Zip Code | 27203 |
| Area | Randolph |
| Listing VS Median (in 27203) | |
Price: $725,000 low | high Med: $284,900 On site: 202 low | high Med: 47 | |
Market Activity 27203
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Learn More About This Property
| State | NC |
|---|---|
| County | Randolph |
| City | Asheboro |
| Zip Code | 27203 |
| Area | Randolph |
| Listing VS Median (in 27203) | |
Price: $725,000 low | high Med: $284,900 On site: 202 low | high Med: 47 | |
