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Executive Summary

508A George Street - Turnkey Downtown Investment Opportunity Excellent opportunity to own a charming income-producing property in the heart of New Bern's Historic Downtown District. 508A George Street is an adorable 2 bedroom, 2 bath cottage offering approximately 1,152 square feet, making it an ideal property for short-term rental, long-term rental, or a low-maintenance downtown getaway. This thoughtfully updated home features custom tile flooring throughout the main living areas and kitchen, creating a durable and stylish space ideal for rental use. Upstairs, updated flooring adds a fresh, updated feel, while the two bedrooms and two updated bathrooms provide comfortable accommodations for guests or tenants. The home also includes a second-floor balcony, offering a relaxing outdoor retreat, and a private fenced courtyard, perfect for entertaining or enjoying quiet evenings outdoors. A dedicated off-street parking space adds convenience and strong appeal for downtown renters and visitors. Located just minutes from shopping, dining, waterfront attractions, and within walking distance to Tryon Palace, the property sits in one of New Bern's most desirable and walkable areas an ideal location for vacation rentals or long-term tenants. Whether you're looking to expand your portfolio or secure a charming downtown rental with strong guest appeal, 508A George Street offers a unique and flexible investment opportunity in historic New Bern. Purchase 510 George St MLS# 100559212 as a package deal with 508 A George St.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $26,314 $22.84
Other Income - -
Vacancy Loss - -
Effective Gross Income $26,314 $22.84
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $26,314
Annual Per SF $22.84
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $26,314
Annual Per SF $22.84
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $555,743 CAD
Sale Type Investment
Property Type Hospitality
Building Size 1,152 SF
No. Stories 2
Year Built 1940
Opportunity Zone Yes
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
  • Listing ID: 39961571

  • Date on Market: 2026-03-30

  • Last Updated:

  • Address: 508A George St, New Bern, NC 28560

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