1614 Fayetteville Street Pending

Durham,NC 27701

$ 575000

4 Beds

4 Baths

2993 SqFt


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

Year Built 1945

Annual Tax Amount $4,150

Lot Size 9,147 Sqft

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

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

New Construction No

Others

Special Listing Condition Standard

View More
Favorite Go Tour