1503 LIBERTY ST – DURHAM TRIPLEX
SOLD 4/28/2023 FOR $640,000
$213,333 per unit
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. Built in 2002, the property is in a neighborhood that is experiencing revitalization and features three, townhome-style units with identical two-bedroom, two-and-a-half bathroom 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. The recorded access agreement and the survey are available for download in the “Additional Information” section below.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| UNIT A | 2BD/2.5BA | 1,240 SF | $1,495 |
| UNIT B | 2BD/2.5BA | 1,240 SF | $1,395 |
| UNIT C | 2BD/2.5BA | 1,240 SF | $1,395 |
| 3 UNITS TOTAL | 3,720 TOTAL SF | $4,285 |
PROPERTY INFORMATION
| PIN | 0831-66-71-5055 |
| Tax Value | $259,985 |
| Taxes | $3,327.55 |
| Lot Size | .223 ACRES |
| Year Built | 2002 |
| Exterior | BRICK, VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL A/C, GAS FORCED HEAT, GAS PACK |
| Utilities | TENANTS PAY UTILITIES |
| Legal Description | WHITE OAK FND LTS 1-3/LT# 01 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2023-04-28 |
| Zoning | RU-5(2) |
Agent Information Thomas T Furlow
Location Map
1503 LIBERTY ST – DURHAM TRIPLEX