Asheboro Multifamily Investment
1962 & 1966 Lakeview Road, Asheboro, NC 27203
- Added:
- Feb 15, 2026
- Days on Market:
- 89
- Last Refresh:
- May 15 at 4:06 pm
Property Features for 1962 & 1966 Lakeview Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 16
- Bathrooms
- 8
- Rooms
- Bathroom 5, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 7, Bedroom 14, Bedroom 2, Bedroom 10, Bedroom 8, Bedroom 12, Bathroom 1, Bedroom 13, Bedroom 16, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 11, Bedroom 15, Bathroom 8, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 9
- Parking features
- Parking Lot
- Appliances
- Oven, Refrigerator
- Standard status
- Active
- APN
- 7762-49-5260
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Description
- SCHWARZ PROPERTIES LLC LO:3 PL:96-32
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1980
- Number of units
- 8
- Building materials
- Brick Partial
Listing agent Freddy Karmatz License #282367 (727) 804-6058
Listing office FK and Associates Real Estate Firm 615 Kenway Loop, MOORESVILLE, NC (727) 804-6058
Listing date Feb 15, 2026
MLS# 4345313
Listing URL
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two quadplexes on separate parcels offer significant investment potential.
- Opportunity for owner‑occupancy to live in one unit and rent out the remaining units to offset mortgage costs.
- Seven out of eight units have been renovated, reducing immediate renovation expenses.
- Separate electric meters for all units; one quadplex also has separate water meters for each unit, simplifying utility management.
- Large parking lots available at both properties.
- Washer/dryer hookups in all but one unit, a desirable amenity for tenants.
Overview
Two quadplexes located on separate parcels are available. One quadplex is located at 1962 Lakeview Road, and the other is located at 1966 Lakeview Road, both in Asheboro, NC. At the 1962 Lakeview Road location, the owner is responsible for paying the water bill. At the 1966 Lakeview Road location, the tenants are responsible for paying their individual water bills, as each unit has a separate water meter. The landlord pays for garbage removal at both locations. Each unit has a separate electric meter. Washer and dryer hookups are available in all units except one. Both properties include a large parking lot. Seven of the eight units have been renovated. The properties are suitable for an owner looking to live in one unit and rent out the others to help cover the mortgage.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Asheboro
- County
- Randolph
- State
- North Carolina
- Longitude
- -79.793491
- Latitude
- 35.7509706
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Two quadplexes on separate parcels, great investment potential.
Where is this quadplex located?
The property is located at 1962 & 1966 Lakeview Road Asheboro, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two quadplexes on separate parcels offer significant investment potential.; Opportunity for owner‑occupancy to live in one unit and rent out the remaining units to offset mortgage costs.; Seven out of eight units have been renovated, reducing immediate renovation expenses.
