Plymouth, NC 27962,202 Madison ST
Plymouth, NC 27962,202 Madison ST
Plymouth, NC 27962,202 Madison ST
Plymouth, NC 27962,202 Madison ST
Plymouth, NC 27962,202 Madison ST
Plymouth, NC 27962,202 Madison ST
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$ 138,500
Est. payment | /mo

3 Beds

2 Baths

2,169 SqFt


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$ 138,500
Est. payment | /mo
Save

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

Endless possibilities await at 202 Madison Street in the heart of historic Plymouth! This classic two-story duplex now offers one VACANT income unit plus an owner-occupied upstairs retreat, giving buyers three flexible strategies:



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

Hive MLS / (NCRMLS) / Cape Fear Realtors
Listed by Key Realty Solutions

GET MORE INFORMATION

agent
Karla Jackson

SRES, SRS, ABR, CLHMS, Relocation Specialist | Lic# 281530

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202 Madison ST