$651,800
Bedrooms
4
Baths
Sq. Feet
2993
Year Built
1959
Days On Market
37
$/SqFt
$218
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Home Description: 1614 Fayetteville St
One of the best turnkey investment properties you can find with solid and reliable income. This quadplex / fourplex property is known for attracting high-quality tenants and has a proven history of quick occupancy & stable rental payments. All 4 units have HVAC systems in good running condition, recently serviced for optimal performance. The house was completely rebuilt from tear-down to studs when purchased by the owner. Property has been kept in top shape. Recent termite inspection done with clean result. Always rents quickly to high-quality tenants, with no evictions or late payments in the past 5 years. Total Rent income: $4,328. (Unit A: lease to 5/31/25, $1,128; Unit B: lease to 6/30/25, $1,050; Unit C: Tenant moved out on 05/31/24, new rent target $1,050/month; Unit D: Tenant moved out on 6/25/24 due to job relocation, new rent target $1,100/month.) This property has been professionally managed. However, investor buyer can also choose to self-manage or hire any other property management company.
Available now at $651,800
Neighborhood
The average asking price of a 4 bedroom Durham home in this zip code is $954,861 (46.5% more than this home).
This home is priced at $218/sqft, which is 41.8% less than similar homes in the 27707 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1614 Fayetteville St Durham NC 27707
School Information
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 271-9069 and speak with one of our real estate consultants.
Listing Courtesy of Southern Properties Group Inc.. For information or to schedule a viewing of this property (MLS# 10033074) located at 1614 Fayetteville St Durham NC 27707, call: 919 271 9069
1614 Fayetteville St, Durham NC is a single family home of 2993 sqft and is currently priced at $651,800 . This single family home has 4 bedrooms. This home on 1614 Fayetteville St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Durham, NC. Colony Park, Garrett Farms and Central Park are nearby neighborhoods. MLS 10033074 has been posted on this site since 6/3/2024 (today).
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