311 Lyric Street
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
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $550,000 |
| No. of Units: | 3 |
| Year Built: | 1985 |
| Lot Size: | 2,510.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $183,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-TRIANGLE-10192976
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