Land Available For Sale @ 101 New Bern Ave

Property consists of two residential units in R-10 zone and adjacent parcel currently zoned CS - Business. It may be possible to acquire approval or rezoning to add two additional residential units on the vacant parcel.
Both residential properties have good rental history. One unit is currently vacant and the other will be vacant by the end of the year. Seller owns other units in this area that may be available in the future.
Area has good access to Kerr Avenue, Market Street, Lullwater Drive and Randall Parkway. Short distance to UNCW and Downtown. Easy access to MKL Parkway.
One residential unit (750sf+/-) was constructed in 1945 but has been renovated several times and has recently undergone additional improvements. Other unit (1500sf +/-) was constructed in 1995 and has been updated within the last few years.