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602-604 Faucette Street, Fuquay Varina, NC 27526
$300,000
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Detailed Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms3
- Bathrooms1
- Full bathrooms1
- Main level bedrooms3
Appliances
- IncludedNone
Features
- FlooringLaminate
Interior area
- Total structure area1,296 sq ft
- Livable area1,296 sq ft
- Above ground1,296 sq ft
- Below ground0 sq ft
Heating & cooling
- HeatingCentral
- CoolingNone
Property
Parking
- Total spaces4
- Parking featuresNo garage, parking lot
- Uncovered spaces4
Lot
- Size0.34 acres
- FeaturesCity lot
Structure
- LevelsOne
- Stories1
Details
- Parcel number0000912
- ZoningRLD
- Special conditionsStandard
Construction
Type & style
- Home typeSingle family
- Architectural styleRanch
- SubtypeSingle family residence
Condition
- ConditionFixer, to be built
- New constructionNo
- Year built1920
Materials
- FoundationBlock
- RoofOther
Utilities & Green Energy
Utilities
- SewerPublic sewer
- WaterPublic
Community & HOA
HOA
- Has HOANo
Location
- RegionFuquay-Varina
Financial & Listing Details
Pricing
- Price per sq ft$231
- Tax assessed value$288,079
- Annual tax amount$2,560
Terms
- Date on market4/15/2026
- Listing agreementExclusive right to sell
- Listing termsCash
Property details
- Bedrooms
- 3
- Bathrooms
- 1
- Interior area
- 1,296 sq ft
- Year built
- 1940
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 ValueNearby 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 nearbyMultiple sales in the $500K-$575K rangeEven 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.
Features & amenities
- 2 Dwellings, 1 Parcel
- 2 Minutes from Downtown
- 8 Minutes from the new Target
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