311 Lyric St, Durham, NC 27701

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