Don't miss this exceptional opportunity to own a two-unit residence on a 0.29-acre lot in the heart of Apex's vibrant and rapidly growing downtown district. Unit 105 has been operating as a successful Airbnb, generating an average gross monthly rent of over $2,800 in 2023-2024. Recent upgrades include a stunning kitchen renovation with new cabinetry, waterfall countertop, appliances, range hood, and updated plumbing fixtures. The bathrooms, bedrooms, and living areas have also been refreshed, and all windows and the front door have been replaced. This unit is being sold fully furnished, offering immediate income potential with no additional investment required. Unit 107 is currently tenant-occupied on a month-to-month lease and is a mirror layout of Unit 105, though without recent renovations. With nearly 18% population growth in Apex since 2020 and over 56 new residents moving to the Triangle daily, demand for both short- and long-term rentals remains strong. This property offers a compelling combination of cash flow, flexibility, and long-term appreciation potential. PROPERTY IS BEING SOLD IN ''AS IS' CONDITION.
Pending
$560,000
105/107 N Mason St, Apex, NC 27502
4beds
2,108sqft
Est.:
Duplex, Multi Family
Built in 1980
-- sqft lot
$553,200 Zestimate®
$266/sqft
$-- HOA
What's special
Updated plumbing fixturesRange hoodStunning kitchen renovationNew cabinetryWaterfall countertop
- 21 days
- on Zillow |
- 1,667 |
- 136 |
- Loading