202 Madison Street, Plymouth, NC

$138,500

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3

Beds

2

Baths

2,169

Square feet

0.02

Acres

About 202 Madison Street

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!

Features of 202 Madison Street

MLS® # 10104420
Price $138,500
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,169
Acres 0.02
Year Built 1901
Type Residential
Sub-Type Duplex
Style Victorian
Status Active

Community Information

Address 202 Madison Street
Subdivision Not in a Subdivision
City Plymouth
County Washington
State NC
Zip Code 27962-1434

Amenities

Utilities Electricity Connected, Septic Connected, Sewer Connected
Parking Spaces 2
Parking Outside, Unpaved
Is Waterfront No
Has Pool Yes
Pool None

Interior

Interior Features Walk-In Shower, Other
Appliances Microwave, Range, Refrigerator
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
# of Stories 2
Stories Two
Has Basement No

Exterior

Exterior Features None
Roof Shingle
Construction Wood Siding
Foundation Other

School Information

Elementary Washington County Schools
Middle Washington County Schools
High Washington County Schools

Additional Information

Date Listed April 24th, 2025
Zoning R
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKey Realty Solutions

Listing Map

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