NOT LISTED FOR SALE

222 New St New Bern, NC 28560

4 Beds
4 Baths
2,849 Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: January 17, 2025

Last sale price $530,000 $186 Per Sq Ft

25 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Grover C. Fields Middle School Rated 9+
  • Porch
  • Laundry Room

About This Home

As of January 2025

**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.

Last Agent to Sell the Property

DONNETTE HANCOCK

NorthGroup License #296510 Listed on: 11/17/2024

Co-Listed By

Melissa Rankin

Keller Williams Realty License #200972

Last Buyer's Agent

DONNA AND TEAM NEW BERN

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 64 x 72
  • Property fronts a state road

Home Design

  • Quadruplex
  • Membrane Roofing
  • Metal Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Permanent Attic Stairs

Parking

  • 2 Open Parking Spaces
  • 2 Driveway Spaces
  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Brinson Elementary School
  • Grover C.Fields Middle School
  • New Bern High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • New Bern Downtown Historic Subdivision
  • Park Manager: Yes

Listing and Financial Details

  • Assessor Parcel Number 8-002 -155

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 1920
  • Property Sub Type: Quadruplex
  • Appliances: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 575000.00
  • Accessibility Features: None
  • Unit Levels: Two
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 201.83
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Laundry Room
  • Stories: 2
  • Furnished: Partially
  • Laundry Features: Laundry Room
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Has Fireplace?: No
  • Room Types: Dining Area
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00
  • Attic Features: Floored - Partial, Permanent Stairs

Exterior Features

  • Exterior Finish: Asbestos, Fiber Cement
  • Fencing: None
  • Roof: Membrane, Metal
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 2
  • Parking Features: See Remarks, Off Street, On Site, Unpaved
  • Driveway Spaces: 2

Utilities

  • Utilities: Natural Gas Connected, Sewer Available, Water Available, Water Connected
  • Water Heater: Natural Gas
  • Heating System Fuel Source: Natural Gas
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Has Cooling?: Yes
  • Heating: Forced Air, Natural Gas, Zoned
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, City of New Bern
  • Electric Provider: City of New Bern
  • Natural Gas Provider: Piedmont Natural Gas Co.
  • Trash Provider: City of NB
  • Water Provider: City of New Bern

Condo/Co-op/Association

  • Has H O A?: No

Fee Information

  • Park Manager Name: Yes

Schools

  • Elementary School: Brinson
  • High School: New Bern
  • Middle Or Junior School: Grover C.Fields

Lot Info

  • Deed Book: 3624
  • Deed Page: 1803.00
  • Zoning: Com-Res
  • Lot Size Acres: 0.11
  • Lot Size: 64 x 72
  • Lot Size Sq Ft: 4792.00
  • Purchase Contract Date: 2024-12-12
  • Parcel#: 8-002 -155
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: X
  • Tax Book Number: X
  • Tax Map Number: 8-002 -155
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 2226.96
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $530,000 -7.8% $186 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/17/2024 11/17/24 For Sale $575,000 +121.2% $202 / Sq Ft
08/04/2020 08/04/20 Sold $260,000 -5.5% $84 / Sq Ft View Prior Sale
07/02/2020 07/02/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $275,000 -- $89 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,542 $270,000 $0 $270,000
2024 $2,467 $270,000 $0 $270,000
2023 $2,467 $270,000 $0 $270,000
2022 $2,862 $251,600 $50,000 $201,600
2021 $2,862 $251,600 $50,000 $201,600
2020 $2,836 $251,600 $50,000 $201,600
2019 $2,227 $192,600 $50,000 $142,600
2018 $0 $229,500 $50,000 $179,500
2017 $2,438 $229,500 $50,000 $179,500
2016 $2,438 $188,700 $60,000 $128,700
2015 $1,800 $188,700 $60,000 $128,700
2014 -- $188,700 $60,000 $128,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100476327

Hive MLS
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