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1954 Lakeview Road
Asheboro, NC 27203

Price Changed
$786,000
Est. Mortgage: $4,973/mo Get Pre-Qualified
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Price Changed
type
Multi-Family Home
mls #
1215392
Multi-Family Home
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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!

1954lakeviewroad.howardhanna.com

Property Details

taxes
$2,393.00
built
1979
MLS#
1215392

Interior Features

  • Electric heat
  • Baseboard heat
  • Electric water heater
  • Window unit air conditioner

Exterior Features

  • Lot acreage is: 0.48
  • Paved driveway
  • Public sewer
  • Public water
  • For sale
  • Tax year: 2025
Courtesy of:
Howard Hanna Allen Tate
Hannah Hunt
Listed By:
Hannah Hunt(336) 302-2775Howard Hanna Allen Tate

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On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Hanna Community View What It's Like to Live Near Here

Hannah Hunt
Listed By:
Hannah Hunt(336) 302-2775Howard Hanna Allen Tate

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Mortgage Help

Howard Hanna Mortgage Services

Get pre-qualified for a mortgage now with Howard Hanna Mortgage Services.

Mortgage information provided by:
Jeff Pearce
Mortgage Loan Originator
(704) 252-3246
NMLS# 1032062
Get Pre-Qualified

Mortgage Payment

The approximate monthly principal & interest payment for this property would be $4,972.83.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $39,300. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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1954 Lakeview Road, Asheboro, NC 27203 multi-family home offered for sale at $786,000 by Hannah Hunt in the Howard Hanna Allen Tate Asheboro real estate office.
Copyright 2026 Triad Multiple Listing Service, Inc.

Howard Hanna Real Estate (dba Allen Tate Realtors) participates in Triad MLS's Internet Data Exchange(IDX) program, allowing us to display other broker's listings on our site. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Allen Tate Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.