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252-714-6017
Real Estate Company
602-604 Faucette St, Fuquay Varina, NC 27526
- $300,000
- 3
- BD
- 1
- BA
- 1,296
- SqFt
Seller Representative Excellence Realty Elevating Yo
- List Price
- $300,000
- Status
- ACTIVE
- Days on Market
- 172
- Price Change
- ▼ $29,000 1788231806
- MLS#
- 10159922
- Subtype
- Residential
- Style
- Ranch
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,296
- Lot Size
- 14,810
- Acres
- 0.34
- Subdivision
- Not In A Subdivision
Property Description
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 Value Nearby 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 nearby Multiple sales in the $500K-$575K range Even 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.
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Additional Information
- Taxes
- $2,560
- Financing
- None
- Property Description
- Ranch
- Zoning
- RLD
- Flooring
- Laminate
- Appliances
- None
- Heating
- Central
- Air Conditioning
- None
- Stories
- 1
- Levels
- One
- Roof
- Other
- Foundation
- Block
- Parking Features
- None, Parking Lot
- Elementary School
- Wake - Fuquay Varina Elementary
- Middle School
- Wake - Fuquay Varina Middle
- High School
- Wake - Fuquay Varina High
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .