Bought with Compass -- Raleigh
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Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2494893
Sold Date 04/28/23
Originating Board Triangle MLS
Year Built 2002
Annual Tax Amount $3,328
Property Sub-Type Triplex
Property Description
This Triplex, located about 1.5 miles east of Downtown Durham, N.C., is fully-leased, well-maintained, and has stable income at market rent rates. Gross monthly rent will be $4,285 as of 4/1/2023. Built in 2002, the property is in a neighborhood that is experiencing revitalization and features 3 x 2-bed/2.5-bath floor plans. Units A and C were completely renovated in 2021 with new LVP flooring throughout the first floor and bathrooms, new carpet, new kitchen cabinets, stainless steel appliances, fixtures, granite countertops, new toilets and new bathroom vanities. A new roof was installed in 2020. There is a shared parking lot with two other owners. SEE AGENT REMARKS
Location
State NC
County Durham
Direction Heading North on Alston Ave, turn right onto Liberty Street and property will be located on the left.
Interior
Heating Forced Air, Gas Pack, Natural Gas
Cooling Central Air, Electric, Gas
Flooring Carpet, Vinyl
Exterior
View Y/N Yes
Garage No
Private Pool No
Building
Faces Heading North on Alston Ave, turn right onto Liberty Street and property will be located on the left.
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Durham - Y E Smith
Middle Schools Durham - Neal
High Schools Durham - Southern
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