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$786,000

1954 Lakeview Road, Asheboro NC, 27203

Built in1979
Property typeCondominium

Overview

Active

Listed Apr 9, 2026

Updated 5 days ago

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!

$5,229/mo

Est. mortgage payment based on a $786,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,393
Tax Frequency
Annually
MLS provider logo

Listed by Hannah Hunt with Howard Hanna Allen Tate-Asheboro, Office 336-633-1333, Mobile 336-302-2775

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Data last updated: 10/6/2026. Data last refreshed at 5:10 AM UTC 

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