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608 E Front Street

New Bern, NC 28560
  • $390,000
  • STATUS: Pending with Showings
  • ON SITE: 352 Days
  • MLS #: 100249035
Under Contract
$390,000
  • 6
    BEDS
  • 0.31
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1885
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great income producing property in Historic Downtown New Bern. This triplex has 3 units, 2 with covered front porches & a huge backyard. All units are currently rented. Unit A has 3 bedrooms/2 bath, remodeled baths & kitchen with new cabinets & granite counters. This unit currently rents for $1,500 but market rate is $1,600. Unit B is 2 beds/2 baths & has a remodeled kitchen with new cabinets & granite counters & rents for $1,000. Unit C has 1 bed/1 bath & rents for $875. Water heaters replaced after hurricane Florence. 3 electric & natural gas meters. Current Flood Insurance costs $707 a year. All measurements are estimates & should be verified by buyer & their agent. Property sustained some damage from Florence. This is an excellent investment property in great shape & an awesome area with plenty of off street parking in huge back yard.

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© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-01T23:57:52.953.
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608 E Front Street New Bern, NC 28560

  • Price: $390,000
  • Status: Pending with Showings
  • On Site: 352 Days
  • MLS #: 100249035
6
Beds
5
Baths
0
½ Baths
0.31
Acres
1885
Built
Neighborhood:
Not In Subdivision
County:
Craven
Area:
New Bern
Elementary School:
Brinson
Middle School:
Grover C.Fields
High School:
New Bern
Property Description
Great income producing property in Historic Downtown New Bern. This triplex has 3 units, 2 with covered front porches & a huge backyard. All units are currently rented. Unit A has 3 bedrooms/2 bath, remodeled baths & kitchen with new cabinets & granite counters. This unit currently rents for $1,500 but market rate is $1,600. Unit B is 2 beds/2 baths & has a remodeled kitchen with new cabinets & granite counters & rents for $1,000. Unit C has 1 bed/1 bath & rents for $875. Water heaters replaced after hurricane Florence. 3 electric & natural gas meters. Current Flood Insurance costs $707 a year. All measurements are estimates & should be verified by buyer & their agent. Property sustained some damage from Florence. This is an excellent investment property in great shape & an awesome area with plenty of off street parking in huge back yard.
Exterior Features

Attached Garage Spaces 0.00 Construction Wood Frame Detached Garage Spac 0.00 Exterior Features None Exterior Finish Wood Siding Fencing None Foundation Crawl Space Garage And Parking None Location Type Mainland Lot Dimensions 64X183x64x145 (All Approx) Lot Sq Ft 13460.00 Lot Water Features River ViewWater View Parking Driveway Off StreetOn SiteShared Porch Balcony Deck CoveredPorchSee Remarks Road Type Frontage Public (City/Cty/St) Roof MembraneMetal Total Carport Spaces 0.00 Waterfront No Waterview Yes

Interior Features

1 Bedroom Cooling Central 1 Bedroom Heating Electric 1 Bedroom Units Avg Sqft 1100 1 Bedroom Units Full Baths 2 1 Bedroom Units Half Baths 0 1 Bedroom Units Total Rooms 4 2 Bedroom Cooling Central 2 Bedroom Heating Electric 2 Bedroom Units Avg Sqft 800 2 Bedroom Units Full Baths 1 2 Bedroom Units Half Baths 0 2 Bedroom Units Total Rooms 2 Cooling System Central Efficiency Apartment Avg Sqft 2000 Efficiency Apartment Full Baths 2 Efficiency Apartment Half Baths 0 Efficiency Apartment Rent 1500.00 Efficiency Apartment Total Rooms 5 Efficiency Heating Electric Fireplace None Flooring Wood Heating System Electric Interior Features Apt/Suite Stories Levels 2nd Floor Water Heater Electric

Property Features

1 Bedroom Rent Freq Monthly 1 Bedroom Units Occupied Yes 1 Bedroom Units Rent 1000.00 2 Bedroom Rent Freq Monthly 2 Bedroom Units Occupied Yes 2 Bedroom Units Rent 875.00 Auction No City Limits Yes Cobra Zone No Efficiency Apartment Occupied Yes Efficiency Rent Freq Monthly Financials Available Yes Fuel Tank None Gross Rental Income 2975.00 Gross Rental Income Year Collected 35700 Hoa And Neighborhood Amenities SidewalkStreet Lights Hoa YN No Multifamily Sub Type Triplex New Construction No Possession At ClosingSubject To Tenant Rights Property Management Company Yes Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Sewer Municipal SewerMunicipal WaterNatural Gas Connected Zoning Residential



Listing information © 2021 NCRMLS
Listing provided courtesy of Michael Raines of Century 21 Zaytoun Raines.


© 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-12-01T23:57:52.953.
 
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308 US Highway 17 N
Holly Ridge NC, 28445