$ 575,000
1614 Fayetteville Street Durham, NC 27701
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Listed by Deaton Investment Real Estate
$ 575,000
Est. payment /mo
Pending
1614 Fayetteville Street Durham, NC 27701
4 Beds
4 Baths
2,993 SqFt
UPDATED:
10/22/2024 10:56 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,993 sqft
Price per Sqft $192
Subdivision Not In A Subdivision
MLS Listing ID 10057711
Bedrooms 4
Full Baths 4
Abv Grd Liv Area 2,993
Originating Board Triangle MLS
Year Built 1945
Annual Tax Amount $4,150
Lot Size 9,147 Sqft
Acres 0.21
Property Description
This renovated quadruplex is located just south of Downtown Durham and a couple blocks north of N.C. Central University. The building underwent extensive renovations in 2017 which included interior renovations to all four units, roofing, structural repairs, updated plumbing, updated electrical, and updated HVAC systems. Every unit features attractive, one-bedroom and one-bath floorplans with quartz counters, LVP flooring, and washer dryers included. The property is 100% occupied with an average, in-place rent of $1,036 per month and market rents of $1,100. The building has been professionally managed for years and offers buyers a turnkey opportunity with rental upside.
Location
State NC
County Durham
Interior
Heating Central
Cooling Central Air
Flooring Vinyl, Tile
Exterior
View Y/N Yes
Roof Type Shingle
Parking Type Off Street, Parking Lot
Private Pool No
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Arts & Crafts
Structure Type Brick,Wood Siding
New Construction No
Others
Tax ID 0821903953
Special Listing Condition Standard
