105/107 N Mason Street new to site

Apex,NC 27502

$ 560000

4 Beds

4 Baths

2108 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,108 sqft

Price per Sqft $265

Subdivision Not In A Subdivision

MLS Listing ID 10110898

Style Duplex

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1980

Annual Tax Amount $4,151

Lot Size 0.290 Acres

Property Sub-Type Duplex

Property Description

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.

Location

State NC

County Wake

Community Historical Area

Rooms

Other Rooms None

Interior

Heating Central,Heat Pump

Cooling Central Air

Flooring Carpet,Tile,Wood

Laundry Laundry Closet,Main Level

Exterior

Fence None

Pool None

Community Features Historical Area

Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected

View Y/N Yes

Roof Type Metal

Building

Lot Description Back Yard,Front Yard,Partially Cleared,Rectangular Lot

Foundation Block,Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Wake - Apex Elementary

Middle Schools Wake - Apex

High Schools Wake - Apex

Others

Special Listing Condition Standard

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