1503 LIBERTY ST – DURHAM TRIPLEX

PRICE:
$ 650,000
STATUS:
Sold
ADDRESS:
1503 Liberty St, Durham, NC 27703, USA
OVERVIEW:

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.

Link To Tax Records
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)

Location Map

1503 LIBERTY ST – DURHAM TRIPLEX
Address: 1503 Liberty St, Durham, NC 27703, USA Price: $ 650,000 Unit: 3