1240 Old Liberty Road, Asheboro, NC 27203 - Photo 1

1/1

$1,035,000

Sold
Closed
Commercial
7,576 Sq. Ft.
Updated 13 days ago

1/1

Property Description

Turnkey 12-unit investment opportunity! The property consists of three remodeled quadplex buildings featuring 8 one-bedroom/one-bath units and 4 two-bedroom/one-bath units. Consistently occupied with strong rental demand, this asset offers immediate income potential. Roof and HVAC systems replaced in 2021. Each unit is equipped with washer and dryer connections. Gravel driveway provides easy parking, and minimal exterior maintenance or yard work keeps operating costs low - making this a smart addition to any portfolio! Don't miss this cash-flowing opportunity!!

Full Property Details

Full Property Details for 1240 Old Liberty Rd

General

Sold For: $1,035,000
Status: Closed
Type: Commercial
Source: Triad_MLS
MLS ID: 1209833
Added to Site: 52 day(s) ago

Location

County: Randolph
Driving Directions: Take the exit for NC-49 toward Asheboro/Liberty. Turn onto North Carolina Highway 49 toward Asheboro. Turn onto Hub Morris Road. Turn left onto Old Liberty Road. Property will be on your left.

Utilities

Sewer: Public Sewer

Structural Information

Square Feet: 7,576

Financial Considerations

Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Owner Sale

Listed by The Hive Co Realty LLC
Sold by RE/MAX Central Realty

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Listing agent

— 1240 Old Liberty Rd —

The Hive Co Realty LLC

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Price & Sales History for 1240 Old Liberty Rd

Date

Details

Price

Change

Source

3/31/2026

Sold

$1,035,000

-17.2%

MLS

2/21/2026

Listed

$1,250,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1240 Old Liberty Rd, Asheboro, NC 27203 - Photo 1

Sold

$1,035,000