222 New Street
New Bern, NC 28560
$530,000
Last Sold Price
4
Beds
4
Baths
2,849 Sq. Ft.
$186 / Sq. Ft.
2,849
Sq. Ft.
$186
per Sq. Ft.
Closed 1/17/25
Closed 1/17/25
Description
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...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.
- Listed by DONNETTE HANCOCK • NorthGroup
- Listed by MELISSA RANKIN • NorthGroup
Property Details for 222 New Street
Parking Features
See Remarks, Off Street, On Site, Unpaved
Subdivision NameNew Bern Downtown Historic
ZoningCom-Res
Parking Total.00
WaterfrontNo
LISTING UPDATED: 01/17/2025 04:20 PM
Property Details for 222 New Street
| Status | Closed |
|---|---|
| MLS # | 100476327 |
| Days on Market | 26 |
| Taxes | $2,227 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Quadruplex |
| Year Built | 1920 |
| Lot Size | 0.11 AC / 4,792 SF |
| County | Craven County |
Building Information for 222 New Street
Stories2Residences-Year Built1920Building Size-Lot Size0.11 AC / 4,792 SF
Property Information for 222 New Street
Summary
Location and General Information
- City: New Bern
- State Or Province: NC
- Postal Code: 28560
- County Or Parish: Craven
- Directions: Take Broad Street toward E Front Street. Turn left on Craven Street then Right on New Street. Property is on the left.
- Latitude: 35.11
- Longitude: -77.04
- Number Of Units In Community: 4
- City Limits: Yes
- Secondary Subdivision: N/A
- Property Exterior Interior Info: Waterfront: No
- Building Info: Waterview: No
- Property Exterior Interior Info: Location Type: Mainland
- Legal and Taxes: Zoning Details: Com-Res
Taxes and HOA
- Tax Other Assessment Amount Frequency: None
- Association Fee: $.00
- Tax Legal Description: 222 NEW ST
- Tax Book Number: X
- Tax Map Number: 8-002 -155
- Tax Year: 2023
- Tax Assessed Value: $270,000.00
- Parcel Number: 8-002 -155
- Tax Block: X
- Association: No
- Tax Annual Amount: $2,226.96
- Legal and Taxes: HOA: No
- Legal and Taxes: Cobra Zone: No
- Legal and Taxes: Deed Book: 3624
- Legal and Taxes: Deed Page: 1803.0
- Legal and Taxes: Legal: 222 NEW ST
- Legal and Taxes: PID: 8-002 -155
- Legal and Taxes: Plat Book: X
- Legal and Taxes: Plat Page: X
- Legal and Taxes: Tax Assessed Value: $270,000.00
- Legal and Taxes: Total Real Estate Property Taxes: $2,226.96
- Legal and Taxes: Tax Year: 2023
- HOA Amenities: Stairs - Perm: Yes
- HOA Amenities: Floored - Partial: Yes
Parking
- Open Parking Spaces: 2.00
- Carport Spaces: .00
- Attached Garage: No
- Driveway Spaces: 2.00
- Attached Garage Spaces: .00
- Detached Garage Spaces: .00
- Total Carport Spaces: .00
- Parking Driveway: Off Street: Yes
- Parking Driveway: On Site: Yes
- Parking Driveway: Unpaved: Yes
School Information
- Middle Or Junior School: Grover C.Fields
- High School: New Bern
- Elementary School: Brinson
Property
Lot Information
- Lot Size Units: Acres
- Lot Size Acres: 0.11
- Lot Size Area: 0.11
- Lot Size Dimensions: 64 x 72
- Building Area Total: 2849.0
- Lot Size Square Feet: 4792.0
- Property Exterior Interior Info: Lot Dimensions: 64 x 72
- Property Exterior Interior Info: Lot Acres: 0.11
- Property Exterior Interior Info: Lot Sq Ft: 4792.0
- Side Unit 1: Avg Sq Ft: 683.0
- Side Unit 2: Avg Sq Ft: 878.0
- Side Unit 3: Avg Sq Ft: 683.0
- Side Unit 4: Avg Sq Ft: 878.0
Property and Assessments
- Structure Type: Wood Frame
- New Construction: No
- Year Built: 1920
- Legal and Taxes: Federal Flood Insurance Available: Yes
- Legal and Taxes: Special Assessments: None
- Construction: Wood Frame: Yes
- Foundation: Crawl Space: Yes
Utilities
- Sewer: Municipal Sewer
- Utilities: Water Connected, Natural Gas Connected
- Water Source: Municipal Water
- Service Providers: Electric Provider: City of New Bern
- Service Providers: Natural Gas Provider: Piedmont Natural Gas Co.
- Service Providers: Sewer Provider: City of New Bern
- Service Providers: Water Provider: City of New Bern
- Utilities: Municipal Sewer: Yes
- Utilities: Municipal Water: Yes
- Utilities: Natural Gas Connected: Yes
Interior and Exterior Features
Exterior Features
- Stories: 2
- Stories Levels: Two: Yes
- Construction Materials: Asbestos, Fiber Cement
- Roof: Membrane, Metal
- Fencing: None
- Accessibility Features: None
- Patio And Porch Features: Porch
- Window Features: Blinds
- Exterior Finish: Asbestos: Yes
- Exterior Finish: Fiber Cement: Yes
- Fencing: None: Yes
- Fuel Tank: None: Yes
- Porch Balcony Deck: Porch: Yes
- Roof: Membrane: Yes
- Roof: Metal: Yes
Interior Features
- Levels: Two
- Flooring: Laminate, Tile, Wood
- Interior Features: Ceiling Fan(s)
- Basement: Crawl Space, None
- Cooling: Wall/Window Unit(s)
- Fireplace Features: None
- Heating: Forced Air, Natural Gas, Zoned
- Laundry Features: Inside
- Appliances: Washer, Stove/Oven - Electric, Refrigerator, Dryer, Dishwasher
- Bathrooms Total Integer: 4
- Bathrooms Total Decimal: 4.00
- Bathrooms Total Notational: 4.00
- Cooling: Yes
- Heating: Yes
- Fireplace: No
- Bedrooms Total: 4
- # Baths - Total: 4.00
- Handicap Accessible: None: Yes
- Accessibility: Kitchen: Yes
- Flooring: Laminate: Yes
- Flooring: Tile: Yes
- Flooring: Wood: Yes
- Cooling System: Wall Window Unit(s): Yes
- Heating System: Natural Gas: Yes
- Appliances Equip: Dishwasher: Yes
- Appliances Equip: Dryer: Yes
- Appliances Equip: Refrigerator: Yes
- Appliances Equip: Washer: Yes
- Interior Features: Blinds Shades: Yes
- Rooms: Kitchen: Yes
- Rooms: Living Room: Yes
Mobile Home
Mobile/Manufactured Home
- Park Manager Name: Yes
Multi Family
Multi-Family Information
- Income Property: Yes
- # Total Units: 4.00
Unit 1
- Total Rooms: 3
- # of Bedrooms: 1
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: $26,000.00
- Occupied: True
- Appliance: Dishwasher: Yes
- Appliance: Microwave Built-In: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: WallWindow Unit: Yes
- Heating: Forced Air: Yes
- Heating: Zoned: Yes
- Heating: Natural Gas: Yes
- Rent Frequencys: Annual: Yes
- Owner Pays: Cable4: Yes
- Owner Pays: Electric8: Yes
- Owner Pays: Gas4: Yes
Unit 2
- Total Rooms: 3
- # of Bedrooms: 1
- Full Baths: 1
- Half Baths: 0
- Furnished: No
- Rent: $6,825.00
- Occupied: Yes
- Features: Kitchen: Yes
- Features: Living Room: Yes
- Appliance: Dishwasher: Yes
- Appliance: Microwave Built-In: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: Wall Window Unit: Yes
- Cooling: See Remarks: Yes
- Heating: Forced Air: Yes
- Heating: Natural Gas: Yes
- Rent Frequencys: Annual: Yes
- Owner Pays: Electric: Yes
- Owner Pays: Gas: Yes
Unit 3
- Total Rooms: 3
- # of Bedrooms: 1
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: $21,000.00
- Occupied: Yes
- Features: Kitchen: Yes
- Features: Living Room: Yes
- Appliance: Dishwasher: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: Wall Window Unit: Yes
- Heating: Forced Air: Yes
- Heating: Natural Gas: Yes
Unit 4
- Total Rooms: 3.0
- # of Bedrooms: 1
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: 21300.0
- Occupied: Yes
- Features: Living Room: Yes
- Appliance: Dishwasher: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: Wall Window Unit: Yes
- Heating: Forced Air: Yes
- Heating: Natural Gas: Yes
- Rent Frequencys: Annual: Yes
- Owner Pays: Electric: Yes
- Owner Pays: Gas: Yes
Rental
Rental Information
- Side Unit 2 Rent Frequency: Annual: Yes
- Property Exterior Interior Info: Pets: Yes
Property History for 222 New Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 222 New Street
Taxable ValueLand-Additions$270,000Total-
Tax Record2023$2,467 ($206 / month)
Home Facts
Total Finished SqFt3,161 SqFtAbove Grade Finished SqFt3,161 SqFtStories2Lot Size4,661 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920CountyCRAVENAPN8-002 -155
Schools near 222 New Street
This home is within Craven County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 3 to 12 |
Rating | School | Distance |
|---|---|---|
Brinson Memorial Elementary PublicK to 5 | ||
Grover C Fields Middle Public6 to 8 | ||
New Bern High Public9 to 12 | ||
Craven Virtual Academy Public3 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of NorthGroup
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