411 George Street, New Bern, NC 28560 (MLS# 100576471)

411 George Street, New Bern, NC 28560

New Listing

$725,000

Property Type: Comm Sale or Lease Square Footage: 2,720 Lot Size (sq. ft.): 6,970 Status: Active

Current Price: $725,000 List Date: 5/24/2026 Last Modified: 5/24/2026

Overview

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 ... (Read more) 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 bead-board 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.

Listing Details MLS# 100576471

Contract Info

Available Date: 2026-05-24
Delayed Marketing?: No
Marketing Start Date: 2026-05-24
Garage: Masterlock
Listing Price: 725000
List Price/SqFt: 266.54
Stipulation of Sale: Standard

Location Information

Street #: 411
Street Name: George
Street Suffix: Street
County: Craven
State/Province: NC
Zip Code: 28560
City Limits: Yes
Marketing City: New Bern
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: 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
Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 2720

Legal and Taxes

Tax Assessed Value: 411900
Deed Book: 3689
Deed Page: 855
Legal: 411 GEORGE ST
Broker Owner: No
PID: 8-008 -9000
Tax Identifier: 8-008 -9000
Plat Book: 00
Plat Page: 00
Total Real Estate Property Taxes: 3510.54
Special Assessments: None
Tax Year: 2025
Year Built: 1930
Zoning: RESIDENTIAL
HOA: No
Cobra Zone: No

More Information

Unit 1 Details

Unit #: Yes
# Bedrooms: 3
# Full Baths: 2
Rent: 2300
SqFt: 2014

Unit 2 Details

Unit #: 2
# Bedrooms: Yes
# Full Baths: Yes
Rent: 2000
SqFt: 707

Unit 3 Details

Unit #: 3
# Bedrooms: Yes
# Full Baths: Yes
Rent: 1250
SqFt: 293

Unit 4 Details

Unit #: 4
# Bedrooms: Yes
# Full Baths: Yes
Rent: 1650
SqFt: 486

Building/Ext Features

ud_i_08: 1
# of Parking Spaces: 2
# of Units: 4
Fireplace Y/N: Yes
Lot Acres: 0.16
Lot SqFt: 6970
Lot Dimensions: Irregular
Deed Restrictions: Yes
SqFt - Total Available: 3499
Location Type: Mainland

Currently Not Used

Additional Parcels Description: There is a 1 bedroom unit off the back of the house with a separate set of exterior stairs and entrance. There is a carriage house with two separate apartments above.

Showing Instructions

24 Hour Notice: Yes

Current Use

See Remarks: Yes

Attic

See Remarks: Yes

Construction

Wood Frame: Yes

Exterior Features

Private Yard: Yes

Exterior Finish

Wood Siding: Yes

Terms

Cash: Yes
Conventional: Yes

Foundation

Crawl Space: Yes

Flooring

LVT/LVP: Yes
Wood: Yes

Patio and Porch Features

Courtyard: Yes

Parking Features

Off Street: Yes
Paved: Yes

Sale/Lease Includes

Buildings: Yes
Personal Property: Yes
See Remarks: Yes

Roof

Shingle: Yes

Road Type/Frontage

Public (City/Cty/St): Yes

Cooling

Central Air: Yes

Other Structures

See Remarks: Yes

Location

Residential: Yes

Heating

Heat Pump: Yes

Heating System Fuel Source

Electric: Yes

Utilities

Sewer Connected: Yes
Water Connected: Yes

Fireplace Features

Decorative: Yes

Unit 1 Inclusions

See Remarks: Yes

Unit 2 Inclusions

See Remarks: Yes

Unit 3 Inclusions

See Remarks: Yes

Unit 4 Inclusions

See Remarks: Yes

Property Features

Showing Instructions: 24 Hour Notice Attic: See Remarks Construction: Wood Frame Exterior Features: Private Yard Exterior Finish: Wood Siding Flooring: Wood; LVT/LVP Foundation: Crawl Space Patio and Porch Features: Courtyard Parking Features: Off Street; Paved Roof: Shingle Other Structures: See Remarks Current Use: See Remarks Location: Residential Cooling: Central Air Fireplace Features: Decorative Heating: Heat Pump Heating System Fuel Source: Electric Utilities: Sewer Connected; Water Connected Terms: Cash; Conventional Unit 1 Inclusions: See Remarks Unit 2 Inclusions: See Remarks Unit 3 Inclusions: See Remarks Unit 4 Inclusions: See Remarks

IDX

Listing Office: Brick + Willow LLC

Last Updated: May - 24 - 2026

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