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$350,000
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Property Description
Prime Investment Opportunity: Turnkey 2-Bedroom Quadplex. Seize a high-performing multi-family asset, perfectly positioned for the savvy investor. This well-maintained quadplex consists of 4 consistent 2-bedroom, 1-bathroom units, offering a streamlined mgmt experience & strong historical occupancy rate. The property currently generates a steady monthly income of $3,280, totaling $39,360 in annual gross revenue. With a top-tier unit currently commanding $900 per month, there is a clear roadmap for consistent returns in a high-demand rental market. Move-in ready for tenants, making it an ideal "plug-and-play" addition to any portfolio or a perfect opportunity for an owner-occupant looking to offset their mortgage. To ensure a professional & efficient sales process, proof of funds or a formal mortgage pre-approval is strictly required prior to scheduling any walkthroughs or requesting further financial documentation. Don't miss this chance to secure a solid income-producing asset.
Full Property Details
Full Property Details for 1958 Lakeview Rd
General
- Sold For: $350,000
- Taxes: $1,614
- Status: Closed
- Type: Multi-Family
- Source: Triad_MLS
- MLS ID: 1215389
- Added to Site: 93 day(s) ago
Interior
- Appliances: Electric Water Heater
Parking
- Parking Features: Paved
Location
- County: Randolph
- Driving Directions: 220 Business North TR on E Central Ave then 1/2 mile TL on Lakeview Rd 1958 on Right.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.25
Financial Considerations
- Price Per Acre: $1,400,000
- Tax Amount: $1,614
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Howard Hanna Allen Tate-Asheboro
Sold by eXp Realty
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Schools
Schools serving 1958 Lakeview Rd
School District:Asheboro City Schools
| Name | Grades | Distance |
|---|---|---|
Balfour Elementary School 2097 North Asheboro School Road, Asheboro, NC 27203 | PK-5 | 1.6 mi |
North Asheboro Middle School 1861 North Asheboro School Road, Asheboro, NC 27203 | 6-8 | 1.7 mi |
Asheboro High School 1221 South Park Street, Asheboro, NC 27203 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1958 Lakeview Rd
Date
Details
Price
Change
Source
5/29/2026
Sold
$350,000
-11.39%
MLS
4/09/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1958 Lakeview Road, Asheboro, NC 27203 (MLS# 1215389) is a Multi-Family property that was sold at $350,000 on May 29, 2026. Want to learn more about 1958 Lakeview Road? Do you have questions about finding other Multi-Family real estate for sale in Asheboro? You can browse all Asheboro real estate or contact a Coldwell Banker agent to request more information.

