Sold
Closed
1614 Fayetteville Street
Durham NC, 27701
$550,000
$183.76 per sqft
Sold
Closed
4 Beds
4 Baths
2,993 sqft
Multi-family
Built in 1945
Listing courtesy of Deaton Investment Real Estate
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.
10057711
MLSⓇ ID
October 11, 2024
Listed
December 1, 2024
Updated
Map
1614 Fayetteville Street
Durham NC, 27701
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Floor Description
Vinyl, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Architectual Style
Arts & Crafts
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$4,150
Tax Frequency
Annually
Days on Market
11
Garage
No
Parking
Off Street, Parking Lot
View
Yes
County
Durham
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/26/2024 | Sold | $550,000 |
10/22/2024 | Pending | — |
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Bought with Avery Heilbron, Better Realty LLC and Listed by Reef Challance Ivey, Deaton Investment Real Estate
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Data last updated 1:19 AM UTC, 12/1/2024