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.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Residential | $1,520,000 | RE/MAX Executive |
| Year | Annual Amount | Description |
|---|---|---|
| $0 | LAKEVIEW RD;N (F) PL:PB96-PG33 |
Elementary School Balfour Elementary | 1.6 miles away | PK - 05 | |
Middle School North Asheboro Middle | 1.7 miles away | 06 - 08 | |
Elementary School Charles W Mccrary Elementary | 3 miles away | KG - 05 |