Sold

314 Culvert Street, Apex, NC 27502

Beds
4
Baths
4
Sqft
2,021
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBerkshire Hathaway HomeService
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
4
Number of bathrooms
4
Square feet
2,021
Lot size (acres)
0.23
Year built
1974

Exterior features

Pool
Yes

Utilities

Heating
Forced air
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$3,918.18

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Triangle MLS MLS®#: 10096877 Last checked:

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