820-826 New Bern Avenue

Raleigh, NC 27601

$1,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Property is in overall average condition. All units rented. Highest & best use is probably not current use. Priced for potential/future use, teardown/rebuild. .34 acre. Prime location 8 blocks from downtown and the Capital Square. Showings will be a challenge with tenants and for ONLY serious buyers. Inspections are welcome but property will be sold "as is/where is" Owner is Broker/Agent but has not been in any unit in 50 years. Property is managed by a management company. There is a potential additional...Property is in overall average condition. All units rented. Highest & best use is probably not current use. Priced for potential/future use, teardown/rebuild. .34 acre. Prime location 8 blocks from downtown and the Capital Square. Showings will be a challenge with tenants and for ONLY serious buyers. Inspections are welcome but property will be sold "as is/where is" Owner is Broker/Agent but has not been in any unit in 50 years. Property is managed by a management company. There is a potential additional basement unit. May need repair work. Not rented at this time. All information subject to buyer verification. Showings will require at least 48 hours advance notice & PRE QUALIFICATION LETTER.
  1. Listed by Joseph T Abron • Abron & Associates Realty

Property Details for 820-826 New Bern Avenue

Subdivision
515 Downtown

Location

Listing Courtesy of Abron & Associates Realty
Add your commute
LISTING UPDATED: 12/01/2023 02:27 PM

Property Details for 820-826 New Bern Avenue

StatusActive
MLS #2534096
Days on Market71
Taxes$8,328 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1957
Lot Size0.34 AC / 14,810 SF
CountyWake County

Location

Listing Courtesy of Abron & Associates Realty
Add your commute

Building Information for 820-826 New Bern Avenue

Stories-Residences4Year Built1957Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$8,880 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$694

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 820-826 New Bern Avenue

Summary
Location and General Information
  • Zoning: OX-3
  • Directions: New Bern Avenue. 8 blocks from the Capitol. Between Swain & State Streets
  • Subdivision Name: 515 Downtown
  • Latitude: 35.779669
  • Longitude: -78.626002
Taxes and HOA Information
  • Tax Lot: 1
  • Tax Annual Amount: $8,328.00
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Property
Lot Information
  • Total Other Area Sq Ft: 0.0
Property and Assessments
  • New Construction: No
  • Photos Count: 9
  • Property Attached: Yes
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer, County Sewer
  • Gas: Natural Gas
  • Water_Sewer: City Sewer, County Sewer
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Levels: Unit 2/1Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Basement Description: Crawl Space, Sealed Crawl Space
  • Fireplace Y N: No
  • Flooring: Carpet, Carpet/Wood, Engineered Hardwoods, Hardwood, Tile, Vinyl, Wood
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: Floor Furnace, Natural Gas
  • Heating?: Yes
  • Interior Features: 1 Bath, 2 Bedroom, Kitchen, Living Room
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Listing Class: MultiFamily

Property History for 820-826 New Bern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 820-826 New Bern Avenue

This home is within Wake County School District.
RatingSchoolTypeGradesDistance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
RatingSchoolDistance
Root Elementary School
PublicPK to 5

Ligon Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men's Leadership Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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820-826 New Bern Avenue is a multi-family home for sale in Raleigh, NC 27601. This property was listed for sale on September 26, 2023 by Abron & Associates Realty, it's currently listed at $1,500,000. This listing's school district is Wake County School District. Nearby schools include Root Elementary School, Ligon Middle and Needham Broughton High. 820-826 New Bern Avenue is a 0-bed, 0-bath, multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Abron & Associates Realty

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2023 Triangle MLS, Inc. of North Carolina. Copyright 2023 Longleaf Pine REALTORS. Copyright 2023 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.