Description
Investment Opportunity - 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. Don't miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.
Details
| MLS # | 1222035 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 134 |
| Listing Provided By | RE/MAX Executive | Angela Hoke |
Features
| SQ Feet | 11,100 |
|---|---|
| Zoning | RA-6 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Baseboard, Electric |
| Appliances | Electric Water Heater |
| Laundry Features | None |
| Flooring | Carpet, Vinyl |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|
Parking
| Parking Features | Paved |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 7157 |
|---|
Area Information
| State | NC |
|---|---|
| County | Randolph |
| City | Asheboro |
| Zip Code | 27203 |
| Area | Randolph |
| Listing VS Median (in 27203) | |
Price: $1,900,000 low | high Med: $274,900 sqft: 11,100 low | high Med: 1,788 $ / sqft: $171 low | high Med: $154 On site: 134 low | high Med: 33 | |
Market Activity 27203
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Learn More About This Property
| State | NC |
|---|---|
| County | Randolph |
| City | Asheboro |
| Zip Code | 27203 |
| Area | Randolph |
| Listing VS Median (in 27203) | |
Price: $1,900,000 low | high Med: $274,900 sqft: 11,100 low | high Med: 1,788 $ / sqft: $171 low | high Med: $154 On site: 134 low | high Med: 33 | |