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202 Madison StreetPlymouth, NC 27962

  • Residential Income
  • $138,500
  • 2,169 SQFT

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!

Last Checked
1 minute ago
Last Updated
Nov 19, 2025
Days on Website
225

Property Details for 202 Madison Street

202 Madison Street is a residential_income commercial space for sale in Plymouth, NC 27962.

All

Takyla Smith Hill

Key Realty Solutions

252-886-7589

Please contact Takyla Smith Hill at Key Realty Solutions direct by phone at 252-886-7589. You may also reach Key Realty Solutions by phone at null.

Listing Provider for 202 Madison Street

Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Agent:
Takyla Smith Hill
Agent Phone Number:
252-886-7589
Office:
Key Realty Solutions
Office Phone Number:
MLS ID:
100503266
Data Source:
Hive MLS
Last Checked:
1 minute ago
Last Updated:
November 19, 2025 2:19 PM UTC
Days on Site:
225