510 George Street
New Bern, NC
Starting Price
$799,000
Sq. Ft.
1,456
Bed
3
Bath
2
Status: Active
MLS#: 100559188
Description
Investor Alert - Two Updated Downtown Homes, One Incredible Opportunity!
Rare opportunity to own two updated homes on separate parcels in the heart of New Bern's Historic Downtown District for $799,000. This unique package includes 510 George Street and 508A George, creating immediate potential for multiple income streams, house hacking, or a high demand short- or long-term rental portfolio.
510 George Street offers approximately 1,456 sq ft with 3 bedrooms and 2 baths and has been extensively renovated with both structural and cosmetic upgrades. Improvements new deck, updated black walnut floors throughout the main areas in the living and dining rooms, an updated kitchen with custom island and bar featuring black walnut countertops, a tankless water heater, and additional updates throughout. The home's open layout, walls of windows providing abundant natural light, second-floor balcony, and private fenced courtyard create strong rental appeal. The property also offers ample off-street parking, a major bonus in the downtown area.Washer and dryer included with unit.
508A George is an incredibly charming 1,152 sq ft cottage featuring 2 bedrooms and 2 updated bathrooms. The home includes custom tile flooring in the main living areas and kitchen, updated flooring upstairs, a second-floor balcony, fenced courtyard, and off-street parking. Its character, layout, and size make it ideal for short-term or long-term rental demand. Washer and dryer included with unit.
510 George St and 508A George St on average book together for larger groups.
Located just minutes from shops, restaurants, waterfront attractions, and a short walk to Tryon Palace, these homes sit in one of the most desirable and walkable areas of downtown.
Investment highlights:
Two homes on separate parcels
Multiple income-producing options
Short-term or long-term rental potential
Ability to live in one and rent the other
Mostly furnished, allowing faster rental setup
Whether you're looking to expand your portfolio, create a downtown vacation rental setup, or secure a versatile investment in a prime historic location, this is a rare chance to acquire two renovated properties in one transaction.
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