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!
Property Type(s):
Multi Family
|
Last Updated
|
7/11/2025
|
Tract
|
Not In Subdivision
|
|
Year Built
|
1901
|
County
|
Washington
|
SCHOOLS
| Elementary School |
Pines Elementary |
| Jr. High School |
Washington |
| High School |
Washington |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Range, Refrigerator |
| BASEMENT |
None |
| CONSTRUCTION |
Metal Siding |
| HEAT |
Electric, Forced Air |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
871 sq ft |
| LOT DIMENSIONS |
69 x 100 x 70 x 100 |
| PARKING |
On Site, Unpaved |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Not In Subdivision |
| TAXES |
482.8 |
| UTILITIES |
Sewer Available, Sewer Connected, Water Connected |
Location
Listed with Key Realty Solutions
Copyright 2025 Hive MLS. All rights reserved. Hive MLS, provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Hive MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Hive MLS.
This IDX solution is (c) Diverse Solutions 2025.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email