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Listing provided courtesy of Howard Hanna Allen Tate-AsheboroMLS# 1215392MLS Provider
  • 81 days on site
  • 3 views

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!

Source: Triad MLS, MLS#: 1215392

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  • Property Type
    Residential Income
  • Lot
    0.48 acres

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Leonard Ryden Burr Real Estate
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  • Median Age
    34
  • Population Density
    992
  • College Educated
    23%
  • Estimated Median Income
    $36,512
  • Estimated Total Home Owners
    4,013
  • Estimated Total Renters
    4,842
  • Owner / Renter Divide
    45% / 55%
  • Estimated Average Household Size
    2
  • Total Population
    21,783
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1954 Lakeview Road

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Triad MLS Price Reduction
$800,000 -3.0%
4/9/2026Source: Triad MLS Added to Database
April 09, 2026