820-826 New Bern Avenue

Raleigh, NC 27601

$1,250,000
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 Sr T Abron • Abron & Associates Realty

Property Details for 820-826 New Bern Avenue

Showings Expected to Begin
10-01-2023
Subdivision
515 Downtown

Location

Listing Courtesy of Abron & Associates Realty
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LISTING UPDATED: 03/24/2024 09:23 PM

Property Details for 820-826 New Bern Avenue

StatusActive
MLS #2534096
Days on Market213
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

$7,516 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

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
  • Road Frontage Type: Other
Taxes and HOA Information
  • Tax Annual Amount: $8,328.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
Contract Information
  • Lease Expiration Date: 2024-09-19
  • Original Listing ID: 2534096
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Carport: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 0.0
  • Total Other Area Sq Ft: 0
Property and Assessments
  • New Construction: No
  • Photos Count: 12
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • New Construction Type: Brick
Interior Features
  • Basement Description: Crawl Space
  • Flooring: Carpet, Combination, Hardwood, Tile, Vinyl, Wood
  • Cooling: Window Unit(s)
  • Cooling?: Yes
  • Heating: Floor Furnace, Natural Gas
  • Heating?: Yes
  • Interior: Brick
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Kitchen: true
  • Unit One: Living Room: true
  • Unit One: Unit Type Total Rent: 700.0
Unit Two
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Kitchen: true
  • Unit Two: Living Room: true
  • Unit Two: Unit Type Total Rent: 700.0
Unit Three
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Kitchen: true
  • Unit Three: Living Room: true
  • Unit Three: Unit Type Total Rent: 800.0
Unit Four
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Kitchen: true
  • Unit Four: Living Room: true
  • Unit Four: Unit Type Total Rent: 800.0

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.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
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 $1,250,000. 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 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 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.