10
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Listed by Compass -- Raleigh
$550,000
Est. payment /mo
6 Beds
3 Baths
2,510 SqFt
New
311 Lyric ST Durham, NC 27701
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,510 sqft
Price per Sqft $219
Subdivision Not In A Subdivision
MLS Listing ID 10192976
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1985
Annual Tax Amount $4,069
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Triplex
Source Doorify MLS
Land Area 2510
Property Description
Income-producing triplex in Durham's desirable 27701 zip code! The property offers three 2-bedroom, 1-bath residences totaling approximately 2,510 square feet on a 0.22-acre lot. Units A and C feature identical floor plans, with Unit B offering a mirrored layout. Each residence includes its own entrance, defined living and dining spaces, a functional kitchen, two bedrooms and one full bath upstairs. Additional features include off-street parking and outdoor space. Two units are currently leased, providing established rental income, while vacant Unit C is available for showings and offers flexibility for a new tenant or potential owner-occupant. Individual entrances, outdoor space and off-street parking complete the property. Conveniently positioned near Downtown Durham, Duke University, dining, entertainment and major commuter routes, an excellent opportunity to acquire a three-unit multifamily asset in a growing Durham location. Recent Upgrades and Details: Washer/dryer hookups in each unit • Water heaters: 2026, 2026 and 2002 • Individual HVAC systems: 2014, 2000 and 2009
Location
State NC
County Durham
Community Not In A Subdivision
Area 0.22
Zoning RM-12
Interior
Cooling Central Air
Flooring Carpet, Luxury Vinyl, Other
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Parking Features Gravel, Unpaved
Roof Type Shingle
Garage No
Building
Story Two
Water Public
New Construction No
Others
Tax ID 110110
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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