Property
New Bern, NC 28560 222 New Street
$575,000
30 more
Presented By: NorthGroup
Home Details
**Charming 1920 Multi-Unit Apartment Home in the Heart of Historic Downtown**Here's your opportunity to own a truly special piece of history in the heart of the Historic Downtown District. Built in 1920, this multi-unit property exudes timeless charm while offering modern conveniences. Featuring four thoughtfully designed units, each includes a full kitchen, spacious living area, comfortable bedroom, and bathroom. Laundry room includes coin operated washer and dryer as well. The location is unbeatable--just 200 yards to the water and one block to vibrant downtown shops and dining.With a proven track record of success, this property generates over $63,000 annually from short- and mid-term rentals across three of its four units. This is a turnkey investment, perfect for both seasoned and first-time investors seeking a high-performing property in a prime location.For added convenience, the current owner, a seasoned short- and mid-term rental specialist, is offering to sell the property fully furnished and continue managing it for a qualified buyer.Opportunities like this are rare--don't miss your chance to own a revenue-generating historic gem in one of the most sought-after areas in New Bern!Proof of Funds or a Preapproval Letter from Lender required for All Showings.
Presented By: NorthGroup
Interior Features for 222 New Street
Bedrooms
Total Bedrooms4
Bathrooms
Total Bathrooms4.00
Other Interior Features
Appliances/EquipDishwasher, Washer, Stove/Oven - Electric, Refrigerator, Dryer
# Total Units4
AtticFloored - Partial, Stairs - Perm
BasementNone
FireplaceNone
FlooringLaminate, Wood, Tile
Interior FeaturesBlinds/Shades, Ceiling Fan(s)
Laundry LocationRoom
List Price/SqFt201.83
StoriesTwo
Other Rooms
Dining RoomCombination
General for 222 New Street
CityNew Bern
City LimitsYes
Cobra ZoneNo
ConstructionWood Frame
CoolingWall/Window Unit(s)
CountyCraven
Days on Market14
Geo Lat35.109432
Geo Lon-77.037196
HOANo
Handicap AccessibleNone
HeatingForced Air, Zoned
Legal Description222 NEW ST
Listing Member NameDONNETTE HANCOCK
Location TypeMainland
Lot Sqft4792.00
ModificationTimestamp2024-11-25T19:53:49
New ConstructionNo
PossessionAt Closing, Subject To Tenant Rights
Property TypeC
RoofMembrane, Metal
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Stories2.0
Sub-TypeQuadruplex
SubdivisionNew Bern Downtown Historic
Tax Assessed Value270000.00
Tax Year2023
TermsCash, Conventional
UtilitiesMunicipal Sewer, Natural Gas Connected, Municipal Water
Water HeaterNatural Gas
WaterviewNo
Year Built1920
ZoningCom-Res
Exterior for 222 New Street
Attached Carport Spaces0.00
Detached Carport Spaces0.00
Driveway Spaces2.00
Exterior FinishAsbestos, Fiber Cement
FencingNone
FoundationCrawl Space
Fuel TankNone
Garage & Parking: Total # Garage Spaces0.00
Garage & Parking: Total Carport Spaces0.00
Lot Acres0.11
Lot Dimensions64 x 72
MLS Identifier20150918160742258811000000
Parking FeaturesOff Street, Unpaved, See Remarks, On Site
Patio and Porch FeaturesPorch
Road Type/FrontagePublic (City/Cty/St)
Water SourceWater Connected
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert