About This Home
This 5-bedroom, 4-bathroom multi-family at 1011 W Main Street in Williamston, NC is listed for $220,000 ($88 per sqft). Built in 1954, the home offers 2,511 sqft of living space on a 0.44 acres lot.
Key Features
- Built in 1954
- 0.44 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
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
Monthly Cost Estimate
$1,177/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1011 W Main Street
Williamston, NC 27892
Not In Subdivision
Property Details
Construction
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 1011 W Main Street is listed at $220,000 ($88/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1954, 0.44 acre lot, 2 stories, Fireplace.
This property is listed by Kristy Conway and can be reached at 2525316363.
Kristy Conway
License 250830Agent at ENC Pirate Realty Belhaven-Howard Hanna Allen Tate
(252) 531-6363