1011 W Main Street

Williamston, NC 27892

About this property

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

About this property

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

Features and Additional Information

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$220,000 Active
5 Bed(s)
4
Baths
2,511 sqft

Presented By Michelle Rabon

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Get in touch today! Phone: 1-843-222-9580
Brokerage
ENC Pirate Realty Belhaven-Howard Hanna Allen Tate
1-252-612-8800
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Area Information

| Martin County |

$ 220,000
This listing is play_arrow 33.7% higher than the average in the area
$ 164,500 in the area
2,511 SqFt
This listing is play_arrow 186.6% larger than the average in the area
876 SqFt in the area
$ 88 $/SqFt
This listing is play_arrow 53.3% less than the average in the area
$ 188 $/SqFt in the area
183 days on site
This listing is play_arrow 815.0% above the average in the area
20 days on site in the area

Schools in the Area

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    Elementary School
    Williamston Primary School
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    Middle School
    Riverside
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    High School
    Martin County HS

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Listed By Kristy Conway
Brokerage: ENC Pirate Realty Belhaven-Howard Hanna Allen Tate

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Michelle Rabon

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