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Description Open House Details Location Market Trends Schools Recent Sales
$550,000 Est. $2,025 / mo.*

314 Culvert Street Apex , NC 27502

Courtesy of Berkshire Hathaway HomeService, Beth Randall.

Description

2 Units
Property Type: Duplex
Status: Pending
Year Built: 1974
Neighborhood: Not In A Subdivision
Days on Website: 13
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.

Open House

Property Details and Features

Appliances & Equipment
Appliances:
"Dishwasher", "Electric Range", "Range", "Refrigerator", "Washer/Dryer"
Basement
Basement:
"Crawl Space"
Bathrooms
2 full bathrooms
2 half bathrooms
3 total bathrooms
4 total bathrooms
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Contact an Agent

919 380 8066

Location

$550,000 -
314 Culvert Street Apex , NC 27502
Subdivision Name: Not in a Subdivision

Street View

Nearby Schools

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