602-604 Faucette Street, Fuquay Varina, NC 27526
Local realty services provided by:ERA Parrish Realty Legacy Group
602-604 Faucette Street,Fuquay Varina, NC 27526
$300,000
- 3 Beds
- 1 Baths
- 1,296 sq. ft.
- Multi-family
- Active
Listed by: diana harbi
Office: excellence realty elevating yo
MLS#:10159922
Source:RD
Price summary
- Price:$300,000
- Price per sq. ft.:$231.48
About this home
Development Opportunity in Fuquay-Varina - Two Structures on One Parcel!
Rare opportunity to own 602 & 604 Faucette St, featuring two dwelling units on one parcel in a rapidly growing area near downtown Fuquay-Varina. Ideal for investors, builders, or developers looking for a tear-down and new construction project with strong upside potential.
604 Faucette St offers 3 bedrooms and 1 bathroom and is the only heated structure. The second unit (602) is unheated and adds additional value for redevelopment. The property has been tenant-occupied for approximately 13 years, the seller has never lived in the property, and it is now vacant and ready for the right investor. Sold AS-IS.
Strong Comparable Sales Support Future Value
Nearby properties have recently sold between the $400Ks and $700Ks, highlighting the potential of new construction in the area, including:
Homes selling up to $750,000 nearby
Multiple sales in the $500K-$575K range
Even smaller homes reaching $400K+
This makes the property a compelling opportunity for those looking to build and capitalize on rising values.
Potential for Town Center Residential (TCR) positioning adds long-term development flexibility and increased value potential.
Conveniently located near downtown Fuquay-Varina, shopping, dining, and major roadways, in an area experiencing continuous growth and redevelopment.
Cash purchase only....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10159922
- Added:145 day(s) ago
- Updated:September 07, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:1
- Flooring:Laminate
- Kitchen Description:None
- Living area:1,296 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1920
- Building area:1,296 sq. ft.
- Lot area:0.34 Acres
- Lot Features:City Lot
- Architectural Style:Ranch
- Foundation Description:Block
- Levels:One
Schools
- High school:Wake - Fuquay Varina High
- Middle school:Wake - Fuquay Varina Middle
- Elementary school:Wake - Fuquay Varina Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$231.48
- Tax amount:$2,561
Parking
- Parking description:Parking Lot
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