3103 Old Cherry Point Rd, New Bern, NC 28560

THIS PROPERTY IS FOR SALE! Terrific investment property for sale yielding over 20% ROI. Units generate monthly $1700 in rent and a 5% mortgage (20% down) payment principal and interest is $475 a month. Property consists of two buildings: front duplex, three rooms/ bath and carport on one side, four rooms and bath on the other side and a double wide at the rear of property 3 bedrooms two baths. Many recent improvements including roof and windows. Great rental history. Great opportunity to live in one and let others pay mortgage. No city taxes. Priced below tax value.