847 Pasteur St.: A Rehab Opportunity for $100,000

Posted

An opportunity to purchase near historic downtown New Bern for $100,000 and create a home with your own ideas? Meet 847 Pasteur Street.

One of New Bern’s historic 6 Sisters, affectionately known as #1, this two-story house sits at one end of the row and has a deep backyard on 0.09 acres (3,786 sqft).

Its architecture reflects the vernacular traditions common throughout the South during the early twentieth century, blending cottage styling, shotgun-house proportions, gabled standing-seam metal roof, and practical side-hall floor plan.

Inside are three bedrooms, one bathroom, separate living and dining rooms, and an eat-in kitchen.

Substantial interior rehabilitation is needed. If you enjoy watching house transformations and thinking, “This is what I would do,” this could be your chance to put those ideas to work.

Here, you get to incorporate personal design choices within your rehabilitation plan to reflect your style, from wall colors and flooring to the finishing touches that give each room its personality.

For investors, renovators, or buyers ready to take on a substantial project, 847 Pasteur St. offers the opportunity to give one of these charming storied homes a fresh start. A protective covenant will apply to the property.

Bring your ideas and your measuring tape to explore the possibilities. The “after” photos are up to you; we’ve included some conceptual ideas below.

Contact the New Bern Preservation Foundation for a personal tour or to learn more about 847 Pasteur Street, email Info@NewBernPF.org.

Historic Tax Credit Potential! The 6 Sisters are officially designated as contributing properties within New Bern’s National Register Historic District Boundary Expansion. This designation makes each home eligible for consideration under applicable historic rehabilitation tax credit programs, potentially providing substantial tax savings on qualifying renovations. Tax credits are subject to property use, rehabilitation requirements, and applicable approvals. Buyers should verify eligibility with the NC State Historic Preservation Office.

Selected images below are digitally altered conceptual renderings illustrating possible renovations, not the property’s current condition. Depicted improvements are not included in the sale. Click image below to view full size.

Sister #6, 857 Pasteur St. is also for sale.

Learn more about the 6 Sisters: From Ashes to Legacy: Why the 6 Sisters Matter.