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USANCApexNot in a Subdivision314 Culvert Street
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$550,000

314 Culvert Street, Apex, NC

Real Estate

For Sale

$--,---,---
440
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2021 sqft
Garage No
Taxes $3,918
Days Active 0
Lot Size 
Approx. Age 1974
Avg. Price Per Sqft $272
MLS® Number 10096877

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number10096877
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.23
ExteriorPrivate Yard
GarageNo
Approx. Age1974
BasementCrawl Space
DrivewayOff Street, Parking Lot
Garage Spaces
HeatForced Air, Gas Pack
A/CCentral Air
Heating Fuel

Extras

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