INVESTMENT OPPORTUNITY IN HAVLOCK, NC -- 4-UNIT APARTMENT COMPLEX Income-Producing 4-Unit Multifamily Property Near MCAS Cherry Point! Don't miss this opportunity to own a four-unit apartment complex in Havelock, North Carolina, conveniently located near Marine Corps Air Station Cherry Point. With strong demand for rental housing in the area, this property offers an excellent opportunity for investors looking to add a cash-flowing multifamily property to their portfolio. Each unit features 2 bedrooms and 1 bathroom, providing a desirable layout for military personnel, families, and local renters. Property Highlights: • 4 total apartment units • 2 bedrooms / 1 bath per unit • Convenient Havelock location • Close to MCAS Cherry Point • One unit currently operated as an Airbnb • Airbnb unit rents for approximately $90 per night • Airbnb averaging approximately $1,300 per month • Newer flooring • Updated countertops • Strong local rental demand • Excellent potential for additional income and long-term appreciation With the continued growth and expansion surrounding the Cherry Point area, rental housing remains in demand. This property gives investors the flexibility to continue short-term rental operations, transition units to long-term rentals, or utilize a combination of rental strategies. Whether you're an experienced investor or looking for your first multifamily property, this four-unit complex deserves a closer look. Don't miss out on this Havelock investment opportunity! Call John Vesco to schedule showing. 252-808-7056
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Single Family Residential
County
Craven County
APN
6-220-L-001
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Last updated by owner on Aug 31, 2023.
RM
Multi-Family Residential District
The R-M District is established as a district in which the principal use of land is for high-density residential purposes, characterized by single-family detached homes, zero lot line detached homes, semi-attached homes, multiplex attached homes, townhouse attached homes, condominiums, multi-family attached homes and upper-story attached homes. Residential densities range from six to 12.5 dwelling units per acre.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Havelock, NC • 28532
Average low and high temperatures (°F)
51
32
56
37
70
48
76
58
79
63
87
71
89
76
84
71
80
68
72
57
66
48
56
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 210 Shipman Rd Bldg I
$515,919
$9,081 under list price of $525K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $267K to $320K.