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411 George Street

New Bern, NC 28560

$725,000 $3,056/Mo

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Overview

Bed

Bath

3,499

Sqft

0.16

Acre(Lot)

Description

Some addresses carry weight before you ever open the door. 411 George Street is one of them. A stately multi-unit property in the heart of New Bern's Historic District performing at an impressive cap rate, with twelve months of verified rental records and professional management in place for a seamless investor transition. The property earned over $67,000 in income in 2025. Unit 1, the main house, is the kind of property that stops buyers in their tracks. A stained wood entry door with frosted glass opens into a foyer anchored by a sweeping curved staircase with dark-stained treads and white turned spindles create craftsmanship that cannot be replicated at any price today. The living room features an original brick fireplace with built-in flanking bookcases, parquet-inlay hardwood floors , and tall ceilings trimmed in original crown molding. The dining room connects to a fully updated kitchen with stainless gas range, dishwasher, and refrigerator, granite countertops, white raised-panel cabinetry, subway tile backsplash, and pendant lighting. A dedicated laundry room with full-size washer and dryer adds practical value. Three generously proportioned bedrooms upstairs continue the original hardwood floors throughout, and a remarkable unfinished third-floor attic with exposed timber framing and original wide-plank pine holds genuine future potential. Unit 2 occupies the rear of the main house with its own private exterior entrance -- a fully furnished one-bedroom, one-bath with an updated kitchen with full appliance package, and a walk-in shower bath. Units 3 and 4 sit above the detached carriage structure, both fully furnished and move-in ready. Unit 3 is a furnished studio with beadboard walls, kitchenette with vessel sink, and a subway tile glass-enclosed shower bath. Unit 4 is a furnished one-bedroom with louvered closets, and its own mini-split system. All three income units have private exterior access and carry the boutique character of the property throughout. A shared gravel courtyard with mature trees, curated plantings, and bistro seating connects the structures and adds a tenant amenity that supports retention. The furnished condition of Units 2, 3, and 4 positions the property to capture the professional and short-to-mid-term tenancy segments commanding premium rents in this market. For the investor, the numbers are clear. For the owner-occupant, occupying the main house while three furnished units offset carrying costs is one of the most compelling propositions available in Historic Downtown New Bern today. Rental records, maintenance history, and financials available through the listing broker. Management in place and available to continue under new ownership.

Property Details

Property Type : Residential

Price : $725,000

AD Id : 79141990

MLS Id : 100576250

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 3,499

Year Built : 1930

County : Craven

Subdivision: Whispering Oaks

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 7 Basement: Crawl Space
Roofing Information

Shingle
Interior Features

Ceiling Fan(s) Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1930 Building Area Total: 2720 Construction Materials: Wood Siding, Frame Patio And Porch Features: Front Porch Private Pool: No View: See Remarks

Lot Information

Lot Dimensions: Irregular Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6970

Property Information

Subdivision: Not In Subdivision Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 96

Listing Price Information

Listing Price: $725000 Cash, Conventional

Tax Information

Parcel Number: 8-008 -9000 Tax Year: 2025 Annual Tax: $3510.54

Parking Information

Off Street, Paved

School Information

Elementary School: Brinson

Junior High School: Grover C.Fields

Senior High School: New Bern
Utility Information

Sewer Connected, Water Connected
Location Information

Direction: Take 70 E to the E Front Street Exit Take the Round about and go left on Broad Take a right on George Property is on the left

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1 Nicklaus Drive, New Bern, NC, 28560	$750,000	3	3	3,520	3,520 SqFt
204 Boros Road, New Bern, NC, 28560	$395,000	3	3	2,294	2,294 SqFt
112 Bermuda View, New Bern, NC, 28560	$339,000	4	2	2,035	2,035 SqFt
113 Els Lane, New Bern, NC, 28560	$300,000	3	2	1,535	1,535 SqFt
113 Bermuda View, New Bern, NC, 28560	$339,900	3	2	1,946	1,946 SqFt
110 Blackheath Drive, New Bern, NC, 28560	$359,900	3	2	2,240	2,240 SqFt
106 Blackheath Drive, New Bern, NC, 28560	$355,000	3	2	2,500	2,500 SqFt
102 Blackheath Drive, New Bern, NC, 28560	$369,000	4	2	2,560	2,560 SqFt
300 Mahaffey Lane, New Bern, NC, 28560	$285,000	3	3	1,428	1,428 SqFt
202 Carolina Pines Boul.., New Bern, NC, 28560	$299,000	3	2	1,455	1,455 SqFt

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The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 02:49

MLS: 100576250 LISTED BY: Brad Pino, Brick + Willow LLC SOURCE: Hive MLS (North Carolina Regional)