502 1st St, Apex, NC, 27502

2beds
1baths
1,032sqft
$225,000
$218price/sqft
$1,556/moest. monthly cost
$62,240/yrincome needed

About This Home

Rare opportunity to secure a highly desirable lot within walking distance to Historic Downtown Apex. This property is ideal for builders, investors, or buyers looking to tear down and build new in one of Wake County’s most in-demand areas. The existing home has already had asbestos professionally removed, and a new survey has been completed, saving time and upfront development costs. The lot offers a great footprint for a custom home in a location where older properties are being replaced with new construction. Enjoy the benefit of a walkable lifestyle with easy access to restaurants, coffee shops, breweries, parks, and year-round community events in downtown Apex. New construction in this area continues to see strong demand and premium resale value. Opportunities like this in the heart of Apex are limited. Secure the lot and build new in a location that continues to grow and appreciate.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

7/10
Baucom ElementaryGrades PK-50.8 mi
10/10
Apex MiddleGrades 6-80.5 mi
9/10
Apex HighGrades 9-121.6 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: Unknown
  • Architectural style: Conventional

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Forced air

Interior Area

  • Total interior livable area: 1,032 sqft

Property

Details

  • Parcel number: 0741294036

Features

  • Exterior features: Brick

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: Off-street,On-street