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Sold

222 New Street

222 New Street, New Bern, NC 28560

$530,000
**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.

4
beds

4
baths

2,849 Sq.Ft. LIVING AREA

4,792 Sq.Ft. lot

Melissa Rankin

Melissa Rankin

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • Laundry room Laundry Room
  • Flooring Laminate, Tile, Wood
  • Fireplace None
  • APPLIANCES Electric Oven, Washer, Refrigerator, Dryer, Dishwasher, Gas Water Heater
  • other interior Features Ceiling Fan(s)

Area & Lot

  • Status Sold
  • Living Area2,849 Sq.Ft.
  • Total Area2,849 Sq.Ft.
  • Lot Area4,792 Sq.Ft.
  • MLS® ID100476327
  • TypeMulti-Family
  • YEAR BUILT1920
  • Elementary SchoolBrinson
  • Middle SchoolGrover C.Fields
  • High SchoolNew Bern

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesNatural Gas Connected, Sewer Available, Water Available, Water Connected
  • roofMembrane, Metal
  • parkingSee Remarks, Off Street, On Site, Unpaved
  • HEAT TYPEForced Air, Natural Gas, Zoned
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$530,000
  • Real Estate Tax $2,227/yr
  • Zoning Com-Res

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