2021 sqft | 4 beds | 3 baths | 0.23 acres | #10096877
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Parking FeaturesOff Street, Parking Lot
- Elementary SchoolWake - Apex Elementary
- HeatingForced Air, Gas Pack
- SubdivisionNot in a Subdivision
- Exterior FeaturesPrivate Yard
- Exterior MaterialsPrivate Yard
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- CoolingCentral Air
- Basement DescriptionCrawl Space
- Middle SchoolWake - Apex
- High SchoolWake - Apex
- Lot FeaturesFew Trees
- Lot DescriptionFew Trees
- MLS #10096877
- MLS #10096877
- Utility SourcePublic
- Taxes Annual$3,918
- Cost550000
- Property SubtypeDuplex
- RoofMetal
- Acres0.23
- Square Feet2021
- Year Built1974
- CountyWake
- Bedrooms4
- Bathrooms3
- Full Baths2
- Half Baths2
- Stories2
- Basement1
Location
Legal
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Last Updated:Â . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Beth Randall (#R23109)
Listing Office: Berkshire Hathaway HomeService (#3199)
Listing Courtesy (Buyer)
Buyer's Agent: Katie Rother (#94677)
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