1011 W Main St, Williamston, NC 27892

$220,000
5
BD
4
BA

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List Price
$220,000
Status
ACTIVE
MLS#
100573569
Days on Market
75
Year Built
1954
Levels
Two
Bedrooms
5
Bathrooms
4
Acres
0.44
Neighborhood
Not In Subdivision

Property Description

Investor special with built-in upside in the heart of Williamston! Unique multi-unit opportunity at 1011 W. Main St featuring a main home configured into 4 separate units, plus an additional detached cottage known as the ''Playhouse.'' Whether you're an investor seeking cash flow or a buyer wanting to live on-site while generating rental income, this property offers flexibility and future potential. Currently 3 units are occupied, providing immediate income, with additional upside through vacant units needing repairs. Main house improvements in the past two years include updated vinyl siding, roof, and some replacement windows. Current Layout Includes: Unit A (Owner Occupied): 2BR / 1BA downstairs unit with spacious living room, open kitchen, laundry area, storage room, and screened porch. Estimated rent potential: $800/mo Unit B (Vacant): 1BR / 1BA upstairs unit with kitchen and living area. Needs repairs/improvements. Estimated rent potential after repairs: $750/mo Unit C: 2BR / 2BA layout (one bath currently unusable), rented at $650/mo Unit D: 1BR / 1BA rented at $625/mo Detached Bonus Cottage (''Playhouse''): Studio-style 1BR / 1BA with screened porch. Needs repairs but offers excellent additional upside. Estimated rent potential after repairs: $1,000/mo Separate electric meters and mailboxes for main units. Centrally located near downtown amenities, shopping, and commuter routes. Bring your vision and unlock the possibilities! Buy One, Get One Opportunity - main multi-unit home plus detached bonus dwelling! Being sold AS IS

Additional Information

Cooling
Window/Wall
Heating
Baseboard, Electric
Foundation
Crawl Space
Roof
Shingle, Flat
Lot Water Features
Other
Elementary School
Williamston Primary School
Middle School
Riverside
High School
Martin County HS

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Calculator source: Real Geeks

Listing courtesy of ENC Pirate Realty Belhaven-Howard Hanna Allen Tate.

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