202 Madison St Plymouth, NC 27962

This exceptional investment opportunity presents a charming, two-unit property located in historic downtown Plymouth, North Carolina. The 2,119 square foot building, constructed in 1901, sits on a 0.16-acre lot (70x100x70x100 feet) and features a wood-frame design with two stories. The property is zoned R and boasts off-street parking, a metal exterior, and a recently updated roof (December 2023). The building comprises two distinct units. Unit A, a ground-floor unit, currently features two bedrooms and one full bath and is currently leased. Unit B, located on the upper level, offers one bedroom and one bath. The property is being offered "as is," providing a canvas for potential upgrades and personalized touches. This presents a rare chance to acquire a piece of Plymouth's history, offering strong potential for rental income and appreciation in this desirable coastal community. The 2022 tax records indicate a total square footage of 2,119 across the two units. This property is ideal for investors seeking a turnkey opportunity or a project to add value.