1955, 1967 Lakeview Road, Asheboro, NC 27203 | MLS #1222036 | Tyler Redhead & McAlister
 
Listing provided courtesy of RE/MAX ExecutiveMLS# 1222036MLS Provider
  • 34 days on site
  • 0 views

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. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Source: Triad MLS, MLS#: 1222036

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  • Property Type
    Residential Income

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Tyler Redhead & McAlister

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  • Median Age
    34
  • Population Density
    992
  • College Educated
    23%
  • Estimated Median Income
    $36,512
  • Estimated Total Home Owners
    4,013
  • Estimated Total Renters
    4,842
  • Owner / Renter Divide
    45% / 55%
  • Estimated Average Household Size
    2
  • Total Population
    21,783
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/26/2026Source: Triad MLS Added to Database
May 26, 2026