602-604 Faucette Street, Fuquay Varina, NC (MLS #10159922)
Listing courtesy of Excellence Realty Elevating Yo
602-604 Faucette Street
Fuquay Varina, NC 27526
Home for sale - Not in a Subdivision
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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Last updated 2026-06-12T03:50:29Z