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!
Listed By
Agency Name: Howard Hanna Allen Tate-Asheboro
Shown By
Agent Name: Amanda J Crosby
Agent Phone: (909) 289-3985
Agency Title: Lake Norman Realty
Estimated Payment
$ 4,631.62 per month $4,391.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $240.63 Homeowner's Insurance
1954 Lakeview Road | MLS# 1215392
This multi-family property located at 1954 Lakeview Road, Asheboro, NC 27203 is currently listed for sale with an asking price of $825,000. Search Asheboro real estate on amandac.lakenormanrealty.com today.