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Sold for $530,000
  • $530,000

    222 New Street, New Bern, NC 28560

    4beds
    4baths
    2,849sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $537,900 Zestimate®
    $186/sqft
    $1,219 Estimated rent

    Home value

    $537,900

    $495,000 - $586,000

    $1,219/mo

    Zestimate® history
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    $1,219/mo

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    $3,093/mo

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    What's special

    Full kitchenComfortable bedroomLaundry room
    **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.

    Zillow last checked:

    Listing updated:

    Listed by:

    DONNETTE HANCOCK 252-649-9788,

    NorthGroup,

    MELISSA RANKIN,

    NorthGroup

    Bought with:

    The Donna and Team New Bern

    Keller Williams Realty

    MARY SILVER, 255124

    Keller Williams Realty

    Source: Hive MLS,MLS#: 100476327MLS LogoOriginating MLS: Neuse River Region Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Dining room
    • Features: Combination
    Heating
    • Forced Air, Natural Gas, Zoned
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Blinds/Shades
    • Flooring: Laminate, Tile, Wood
    • Basement: None
    • Attic: Partially Floored,Permanent Stairs
    • Has fireplace: No
    Interior area
    • Total structure area: 2,849
    • Total interior livable area: 2,849 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: See Remarks, Off Street, On Site, Unpaved
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Fencing: None
    Lot
    • Size: 4,792 Square Feet
    • Dimensions: 64 x 72
    Details
    • Parcel number: 8002 155
    • Zoning: Com-Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Asbestos, Fiber Cement, Wood Frame
    • Foundation: Crawl Space
    • Roof: Membrane,Metal
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Sewer Available, Water Available, Water Connected

    Community & HOA

    Community
    • Subdivision: New Bern Downtown Historic
    HOA
    • Has HOA: No
    Location
    • Region: New Bern

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $270,000
    • Annual tax amount: $2,226
    • Date on market: 11/17/2024
    • Cumulative days on market: 26 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/17/2025Sold$530,000-7.8%$186/sqft
    Source: Hive MLS #100476327 Report a problem
    12/13/2024Contingent$575,000$202/sqft
    Source: Hive MLS #100476327 Report a problem
    11/17/2024Listed for sale$575,000+121.2%$202/sqft
    Source: Hive MLS #100476327 Report a problem
    8/4/2020Sold$260,000-5.5%$91/sqft
    Source: Hive MLS #100211633 Report a problem
    7/2/2020Pending sale$275,000$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    7/1/2020Listed for sale$275,000$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    6/1/2020Pending sale$275,000$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    4/17/2020Listed for sale$275,000$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    4/9/2020Pending sale$275,000$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    3/31/2020Listed for sale$275,000+19.6%$97/sqft
    Source: CENTURY 21 ZAYTOUN RAINES #100211633 Report a problem
    7/13/2010Sold$230,000$81/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 28560

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brinson
    • Middle: Grover C.Fields
    • High: New Bern

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $537,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $537,900