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Emily Antone

emilytheavlbroker@gmail.com +1(828) 691-7399

$ 1,520,000

Est. payment | -/mo

8,800 SqFt

Save

$ 1,520,000

Est. payment | -/mo

Save

8,800 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,800 sqft

Price per Sqft $172

MLS Listing ID 4387146

Abv Grd Liv Area 8,800

Year Built 1980

Lot Size 0.850 Acres

Acres 0.85

Property Sub-Type Apartment

Property Description

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. All buildings have new roofs. Acreage is for all 2 properties combined. 1955 Lakeview was built in 1972 and is .43 acre, 1967 Lakeview was built in 1980 and is .3 acre. Don't miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.

Location

State NC

County Randolph

Zoning RA-6

Interior

Heating Baseboard

Cooling Window Unit(s)

Fireplace false

Appliance Electric Range, Exhaust Fan, Refrigerator

Laundry None

Exterior

Roof Type Architectural Shingle

Street Surface Asphalt,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Brick Full,Wood

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by Angela Hoke • RE/MAX Executive • angelahokerealtor@yahoo.com

Schools and Properties Nearby

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+1(828) 691-7399

emilytheavlbroker@gmail.com

Learn More About LPT Realty

1955 1967 Lakeview RD Asheboro, NC 27203