About 602-604 Faucette Street
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.
Features of 602-604 Faucette Street
| MLS® # | 10159922 |
|---|---|
| Price | $300,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,296 |
| Acres | 0.34 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 602-604 Faucette Street |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Fuquay Varina |
| County | Wake |
| State | NC |
| Zip Code | 27526 |
Amenities
| Parking | No Garage, Parking Lot |
|---|---|
| Has Pool | No |
Interior
| Appliances | None |
|---|---|
| Heating | Central |
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | City Lot |
|---|---|
| Roof | Other |
| Construction | Other |
| Foundation | Block |
School Information
| Elementary | Wake - Fuquay Varina Elementary |
|---|---|
| Middle | Wake - Fuquay Varina Middle |
| High | Wake - Fuquay Varina High |
Additional Information
| Date Listed | March 3rd, 2026 |
|---|---|
| Zoning | RLD |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Excellence Realty Elevating Yo |
|---|