Property Description:
Nestled in New Bern's established neighborhood, 706 Contentnea Ave offers unbeatable upside for investors and flippers. With 1,148?sqft of living space and a 4,443?sqft lot built in 1954, this 3-bed, 1-bath home (plus back bathroom with laundry) is strategically positioned near downtown New Bern, the Neuse River, schools, parks, and regional employment hubs. The local market shows strong activity—homes in the 1,100–1,300?sqft range have sold recently between $168K and $190K, signaling ample room for profit with some TLC. Act fast—properties like this don't stay available long!
We’ve cleared the title; the heavy lifting is done. Bring your soft offer now and let's get you to closing fast
Property Highlights:
Spacious 4,443?sqft lot
Vinyl siding with an old metal roof (20+ years old; no major leaks seen)
1,148?sqft living space, 3 beds, 1 bath plus laundry area
Windows: 14 vinyl units, with ~3 broken panes — ready for replacement
HVAC: Central heat/air—air handler 20+ yrs old, no condenser (stolen);requires full system install
Electrical: Upgraded 200-amp panel, copper wiring, grounded outlets
Utilities: City water, city sewer
Water heater: Electric
Nearby Schools & Amenities:
Oaks Road Academy (PK–5) ~0.7?mi – GreatSchools 3/10
H?J?Macdonald Middle (6–8) ~2.4?mi, New?Bern High (9–12) ~3.7?mi
Close to downtown shops/restaurants, local parks, and the city greenway
Financial Overview:
Buy Now Price: ~$84,999.00
Estimated Rehab Cost: $40,000–$50,000 (covering HVAC, window repairs, interior cosmetics, possible roof refresh, and landscaping)
After Repair Value (ARV): ~$175K
Property Specs & Condition:
Size: 1,148?sqft / Lot: 4,443?sqft
Type: Single-family ranch
Roof: Metal, 20+ years
Heating & Cooling: Central (air handler old; condenser gone)
Electrical: 200?amp, copper, grounded
Utilities: City water/sewer, electric power
Zoning: Residential
This is a top-tier investor opportunity—priced to move, loaded with upside, and primed for either a strong flip or cash-flowing rental. Submit your soft offer before it's gone!
Don’t miss out—schedule your walkthrough today.