$799,000

510 George Street, New Bern, NC 28560

  • 3 beds |
  • 2 baths |
  • 2,608 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $306/sqft
  • Property List Date Icon Listed 2 days ago

Property 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.

Listing Status:
Active
Date Added:
March 10, 2026
Data Last Updated:
March 12, 2026 at 7:19PM
Listing Office:
Realty ONE Group East : 252-933-6225
MLS ID:
100559188
  • General: High CeilingsBuilt-in Features
  • Master Bedroom: Non Primary Living Area
  • Basement: None
  • Flooring: TileWood
  • A/C: Heat Pump
  • Heating: Heat PumpElectricElectric
  • Style: Historic District
  • Other Structures: PorchBalconyCovered
  • Parking: PavedParking spaces: 0
  • Roofing: Architectural Shingle
  • General: AsbestosTwoCrawl Space
  • Road/Access: City StreetState RoadSee Remarks
  • HOA Amenities: None
  • Originating MLS: Hive MLS
  • County: Craven
  • Zoning: ResidentialTRACT 2 SURVEY FOR PETERSON PARTNERS8-003 -7000
  • View: See Remarks
  • Fencing: Back YardWood
  • Utilities: Sewer ConnectedWater Connected
  • Water: Public
  • Sewer: Municipal SewerCity of New Bern
  • Source: Hive MLS

This listing courtesy of Realty ONE Group East

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

J. T. Barber Elementary School

1700 Cobb St, New Bern, NC, 28560

Grades KG-5

1.27 miles away

G

Grover C. Fields Middle School

2000 M L King Jr Blvd, New Bern, NC, 28560

Grades 6-8

1.59 miles away

N

New Bern High School

4200 Academic Dr, New Bern, NC, 28562

Grades 9-12

4.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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