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!
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3BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
School Information
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!
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