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500 Arendell, Morehead City, NC :
Property Description

The Historic City House was originally constructed as the Tidewater Power Company in 1920 and was often referred to as the Old Well House. So much charm and beauty through this beautifully renovated building, yet still maintaining so much of the original vintage charm. Downtown Morehead City’s newest Airbnb just launched this summer is established and ready for investor to step in at any time with this prime location right by the Waterfront. With 4 beautifully furnished units, there are so many possibilities! THE FLAT is the first level and front entry unit and offers 2 bedrooms, 1.5 baths, full kitchen, and a spacious living area. THE RESIDENCE is the largest unit with 2 large bedrooms, 2 full bathrooms, tons of living space, 12’+ ceilings, laundry room, oversized gourmet Kitchen, and rooftop access. The rooftop has a hot tub, and large space for entertaining with views galore of downtown Morehead City Waterfront, Bogue Sound, Sugarloaf Island, Calico Creek, ICW, and more. THE LOFT offers one spacious bedroom suite with full size kitchen and large living room that has 9’+ ceilings. THE CHAMBER offers a more cozy setting with one bedroom suite and more compact kitchen. Be sure to see photos to appreciate the attention to detail throughout. All units can be connected to create one large residence if desired, units are currently closed off for privacy. Ask agent for current website to see current marketing for existing bed and breakfast. This location is tough to beat and truly is a “turn key investment”!!!

Property Info
Status: Active
Property Type: Commercial Sale
Lot Size:
- 3
- 485 Acres
Waterview: Yes
Year Built: 1920
MLS Number: 100612016
Property Sub Type: Multi Family
Price:
- $1,895,000
Home Style/Type:
- Block
- Concrete
- Stucco
- Wood Siding
- Wood Frame
Location Details
Community: Not In Subdivision
Road Frontage:
- City Street
- State Road
- Highway
- Maintained
- Paved
County: Carteret
City: Morehead City
Postal Code: 28557
Property Features
Roof:
- Membrane
- Flat
Floors:
- Tile
- Wood
Cooling System:
- Central Air
- Heat Pump
Heating:
- Heat Pump
- Electric
Water/Sewer: Municipal Sewer
MLS Addon
Office Name: RE/MAX Ocean Properties
500 Arendell, Morehead City, NC
$1,895,000
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