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Apex
27502
27502
W79° 9' 9.2''
N35° 43' 48.1''
Contact Info
Beth Randall
294910
Property Description

Dont 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.

314 Culvert Street

Apex, North Carolina 27502, United States

  • Bedrooms : 4
  • Bathrooms : 3
  • Square Footage: 10,018.80 Sqft
$550,000
Listing ID#131908
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 131908
Ref ID : 405130362
Price : $550,000
Bedrooms : 4
Bathrooms : 3
Square Footage : 10,018.80 Sqft
Lot Area : 0.23 Sqft
MLS : 10096877
Office ID : NC301-030
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Agent info
Beth Randall
York Simpson Underwood Realty
York Simpson Underwood Realty
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