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

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

©2024 Doorify MLS of North Carolina. All rights reserved.

Data last updated 1:19 AM UTC, 12/1/2024

Powered byLuxury Presence