$175,000 $81/sf Earn $3,500
$175,000
Credit Back up to $3,500*
$81.40/sf
Active - House for sale
Charming Older Home with Strong Bones & Profitable Investment Opportunity! Welcome to 511 Blades Ave, a historic gem in the heart of New Bern, NC! This charming property showcases the craftsmanship of a bygone era with thicker wood construction, offering the kind of durability and "strong bones" rarely found in newer homes. Blending timeless character with modern income potential, this home currently operates as a rental generating an impressive 13%+ cap rate above mid two hundreds. Whether you're looking for a new addition to your investment portfolio or a personal retreat, this property offers both charm and profit! Don't miss out on this rare opportunity to own a piece of New Bern history. Bring highest price, check neighboring tax values and prices.
MLS: #100467423
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Active
Listed Date: 09/16/2024
Days On Market: 120
Lot Size (Acres): 1.64
Lot Size (Square Feet): 71438.4
Association Amenities: Attic, Ceiling Fan, Porch, Pets, Lawn, Dryer, Washer in building, Disposal, Balcony/Patio, Microwave, Oven, Freezer, Refrigerator, Dishwasher, Garage
Parking Total: 3
Parcel Number: 8-005 -042
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