3 Beds
2 Baths
2,169 SqFt
3 Beds
2 Baths
2,169 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,169 sqft
Price per Sqft $63
Subdivision Not In Subdivision
MLS Listing ID 100503266
Style Wood Frame
Bedrooms 3
HOA Y/N No
Year Built 1901
Annual Tax Amount $482
Lot Size 988 Sqft
Acres 0.02
Lot Dimensions 69 x 100 x 70 x 100
Property Sub-Type Duplex
Source Hive MLS
Property Description
1️⃣ Invest & Collect - Lease the move-in-ready first-floor flat for immediate cash flow while you plan future improvements. Separate entrances and utilities make management simple. When the seller vacates upstairs at closing, you'll control both units for maximum rental revenue.
2️⃣ House-Hack - Keep the cozy upper unit for yourself once the seller moves, and let the downstairs tenant cover a large share of the mortgage. Build equity while living steps from the scenic Roanoke River.
3️⃣ Grand Conversion - Merge both units into a spacious 4-bed / 2-bath single-family residence. Consult with a contractor and consider removing the upper kitchen, opening a central hallway, and unifying systems; recent 4-bed comps in Plymouth average in the mid-$200s—instant equity potential!
Original hardwood floors, while generous room sizes invite modern re-imagining. The lot offers off-street parking plus yard space for pets, play, or future outdoor entertaining.
Lifestyle perks: Stroll three blocks to the Roanoke River boardwalk for sunsets, kayaking, and the annual NC Black Bear Festival fireworks. Golfers will love being minutes from The Pines at Plymouth Golf Course, and Plymouth High School sits under five minutes away. Elizabeth City, Greenville, and OBX beaches are an easy drive via nearby US-64/US-17.
Whether you're chasing steady rental income, a live-in ''mortgage helper,'' or a value-add flip, 202 Madison Street unlocks them all—choose your adventure and watch your ROI grow. Schedule a private tour today and picture the future you'll create at this endlessly adaptable address!
Location
State NC
County Washington
Community Not In Subdivision
Zoning R
Direction From US-64 E to Madison St in Plymouth 24 min (20.2 mi) Continue onto US-64 E 19.5 mi Turn left onto Washington St 0.5 mi Turn right onto 3rd St 0.2 mi Turn left onto Madison St Destination will be on the right
Rooms
Basement None
Interior
Interior Features Wash/Dry Connect, 2nd Kitchen, Ceiling Fan(s), Walk-in Shower
Heating Electric, Forced Air
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Vinyl, Wood
Appliance Built-In Microwave, Refrigerator, Range
Laundry In Kitchen, Laundry Closet
Exterior
Parking Features On Site, Unpaved
Pool None
Utilities Available Sewer Available, Sewer Connected, Water Connected
Amenities Available No Amenities
Roof Type Architectural Shingle
Accessibility None
Porch Covered, Porch
Building
Story 2
Entry Level Two
Sewer Municipal Sewer
New Construction No
Schools
Elementary Schools Pines Elementary
Middle Schools Washington
High Schools Washington
Others
Tax ID 6767.07-77-4976
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
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Owner/Broker In Charge | License ID: 267841