314 Culvert Street, Apex, NC 27502
- 4 beds |
- 4 baths |
- 2,021 sqft
Duplex
Built in 1974
10,019sqft lot
—— car garage
$272/sqft
Listed 1 month ago
Property Description
Don't miss this exceptional chance to own a two-unit residence ideally situated in the vibrant and rapidly growing downtown district of Apex.Since 2017, the owners have completed an exterior facelift with new fiber cement siding and trim, windows and front door (Unit 4), replaced sliding doors and rebuilt decks and HVAC systems. Unit 4 (left side) has undergone an interior renovation including updated flooring, cabinetry, appliances, countertops, and fixtures. Unit 3 (right side) is occupied by a long-term, month-to-month tenant and has not been renovated. Unit 4 is currently operating as a successful turnkey short-term rental, averaging $2,300/month in income for 2023-24. This unit is being sold fully furnished offering immediate income potential with no additional investment required.Apex has seen nearly 18% population growth since 2020, and the greater Triangle region continues to attract over 56 new residents daily, driving strong demand for both short- and long-term rentals. This property offers a unique blend of immediate cash flow, flexibility, and long-term appreciation potential. Property is being sold as-is.
- Listing Status:
- Pending
- Listing Office:
- Berkshire Hathaway HomeService : 919-859-3300
- Listing Agent:
- Beth Randall : 919-606-5001
- MLS ID:
- 10096877
This listing courtesy of Beth Randall, Berkshire Hathaway HomeService
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Baucom Elementary School
400 Hunter St, Apex, NC, 27502
Grades PK-5
0.62 miles away
Apex Middle School
400 E Moore St, Apex, NC, 27502
Grades 6-8
0.29 miles away
Apex High School
1501 Laura Duncan Rd, Apex, NC, 27502
Grades 9-12
1.17 miles away