1604 Fay Street

Durham, NC 27701

$244,900
Price
2
Beds
2
Baths
1,103 Sq. Ft.
$222 / Sq. Ft.
1,103
Sq. Ft.
$222
per Sq. Ft.

Description

Attention Investors! Fully rented Duplex in fantastic Durham location - perfect for first time or experienced investors interested in adding to their portfolio. Each side is 1 bed/1 bath and both sies are rented until May/June 2025 at $900 per month. Each side renovated in 2023 with New cabinets, granite countertops, stainless steel appliances . Conveniently located just minutes to downtown Durham, NCCU, Duke, RTP, and major highways, providing easy access to shopping, dining, and entertainment....Attention Investors! Fully rented Duplex in fantastic Durham location - perfect for first time or experienced investors interested in adding to their portfolio. Each side is 1 bed/1 bath and both sies are rented until May/June 2025 at $900 per month. Each side renovated in 2023 with New cabinets, granite countertops, stainless steel appliances . Conveniently located just minutes to downtown Durham, NCCU, Duke, RTP, and major highways, providing easy access to shopping, dining, and entertainment. Some pictures virtually staged to show potentional.
  1. Listed by Stephanie Anson • Northside Realty Inc.

Property Details for 1604 Fay Street

View
Yes
Waterfront
No
Subdivision
Not in a Subdivision
LISTING UPDATED: 11/01/2024 04:01 AM

Property Details for 1604 Fay Street

StatusActive
MLS #10053552
Days on Market52
Taxes$922 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1940
Lot Size0.10 AC / 4,356 SF
CountyDurham County

Building Information for 1604 Fay Street

Stories1Residences2Year Built1940Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 1604 Fay Street

Summary
Location and General Information
  • Directions: Take 40W into Durham and use Exit 278 heading West on NC55. Turn Right on Juniper and Left on Fay. Home is on the Right.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.001977
  • Longitude: -78.877948
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $922.42
  • City Limits Of: Durham
  • City Limits YN: Yes
  • Lot Number: 10-11
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-07-01
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
School Information
  • Elementary School: Durham - Eastway
  • Middle Or Junior School: Durham - Lucas
  • High School 2: Durham - Northern
Parking
  • Open Parking: Yes
  • Parking Features: Driveway
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1103.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0831691604
  • Structure Type: Duplex
  • Power Production YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 16
  • Above Grade Finished Area Source: See Remarks
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Block, Concrete, Duplex
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Tile
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: See Remarks
  • Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Laundry Features: In Kitchen, Main Level
  • Interior Features: Bathtub/Shower Combination, Eat-in Kitchen
  • Spa: No
  • Equipment Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Interior: Driveway, Block, Concrete, In Kitchen, Main Level
  • Equipment: Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, In Kitchen, Main Level, Driveway
Multi Family
Unit Information
  • Total Units: 2
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: Electricity, Sewer, Trash Collection, Water
Units Information
Unit One
  • Unit One: Actual Rent: 900.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 1.0
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Range: true
  • Unit One: Unit Type: 1 Bedroom
Unit Two
  • Unit Two: Actual Rent: 900.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 1.0
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Unit Type: 1 Bedroom
Unit Three
  • Unit Three: Actual Rent: 0.0
Unit Four
  • Unit Four: Actual Rent: 0.0

Property History for 1604 Fay Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1604 Fay Street

Taxable ValueLand$24,682Additions$51,627Total$76,309
Tax Record2024$1,064 ($89 / month)
Home Facts
Baths2Total Finished SqFt1,110 SqFtAbove Grade Finished SqFt1,110 SqFtStories1Lot Size4,356 SqFtStyleDuplexYear Built1940ZoningRU-5(2)CountyDURHAMAPN113299

Schools near 1604 Fay Street

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
W G Pearson Elementary
PublicPK to 5

Eastway Elementary
PublicPK to 5

Brogden Middle
Public6 to 8

Riverside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1604 Fay Street is a multi-family home for sale in Durham, NC 27701. This property was listed for sale on September 19, 2024 by Northside Realty Inc., it's currently listed at $244,900. It has been on the market for a total of 52 days and was last sold on June 23, 2022. This listing's school district is Durham Public School District. Nearby schools include W G Pearson Elementary, Eastway Elementary and Brogden Middle. 1604 Fay Street is a 2-bed, 2-bath, 1,103 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northside Realty Inc.

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