$1,050,000
$50K PRICE DROP

820 New Bern Ave Unit 820-822-824-826 Raleigh, NC 27601

Olde East Raleigh Neighborhood

Estimated payment $6,555/month

Total Views 21,956
9 Beds
4 Baths
2,169 Sq Ft
$484 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • A-Frame Home
  • No HOA
  • Root Elementary School Rated A
  • Wood Flooring
  • Window Unit Cooling System

About This Home

Highest and Best use is probably not the current. Excellent opportunity for tear down and redevelopment. .34-acre lot. OX-3 zoning allows many possibilities

Listing Agent

Joseph Abron

Abron & Associates Realty License #220008

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,328

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • North Facing Home

Home Design

  • Quadruplex
  • A-Frame Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,169 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Electric Oven

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • 8 Open Parking Spaces

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 515 Downtown Subdivision

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 000086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,328

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • Prop. Type: Residential Income
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: 515 Downtown
  • Above Grade Finished Sq Ft: 2169.0
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Senior Community YN: No
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Natural Gas Available: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Spa YN: No
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 2169.0
  • General Property Information Carport YN: No
  • Roof Asphalt3: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 4.0
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.34
  • Structure Type Quadruplex: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Partial, Unfinished
  • Private Spa: No
  • Appliances: Electric Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Unfinished: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Asphalt
  • Acres: 0.34
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: North
  • Foundation Details: Block
  • Construction Materials:Brick: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Common, On Site
  • Total Parking Spaces: 8.0
  • Parking Features:Common: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Utilities: Natural Gas Available
  • Heating: Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: OX-3
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 000086
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Taxes

Tax Info

  • Tax Annual Amount: 8328.0
  • Tax Year: 2023
  • Tax Map Number: 1713089839

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Price Changed $1,050,000 -4.5% $484 / Sq Ft
06/15/2024 06/15/24 For Sale $1,100,000 -- $507 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10035922

Doorify MLS