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Listed by Compass -- Raleigh

$550,000

Est. payment - /mo

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6 Beds

3 Baths

2,510 SqFt

New

311 Lyric ST Durham, NC 27701

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Amanda Kirk

kirk.amandac@gmail.com +1(336) 684-6206

UPDATED:

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 Locations

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Amanda Kirk

Broker

+1(336) 684-6206