About This Home

This 4-bedroom, 3-bathroom single family at 525 E 2nd Street in Washington, NC is listed for $279,900 ($134 per sqft). Built in 1947, the home offers 2,092 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1947
  • 0.27 acre lot

Property Details

1 story
3 full
1947

Amenities

A/C
Listing Description

**Income Producing Opportunity!! New Roof August 2026** Welcome to a rare income-producing opportunity in historic downtown Washington, offering immediate cash-flow potential and multi-generational flexibility just blocks from the waterfront, local dining, and boutique shops.

This single-level cottage-style property features two functional living units across a generous footprint on a large corner lot. The main residence offers a spacious three-bedroom, two-bathroom layout highlighted by original hardwood floors, a large main living area, a full kitchen, a covered carport, and private porch access, making it ideal for an owner-occupant or a full-sized rental.

The secondary unit serves as a self-contained one-bedroom, one-bathroom suite complete with its own dedicated full kitchen, a cozy living room, and a bright sunroom, creating the perfect setup for a long-term tenant, short-term rental, or guest space.

Whether you choose to live in the primary unit and let the secondary side offset your mortgage, or rent both sides to maximize your return in a growing coastal market, this versatile home combines classic charm, public utilities, and exceptional utility storage in an unbeatable location.

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

525 E 2nd Street

Washington, NC 27889

Not In Subdivision

Features & Amenities

Interior Features

Master Downstairs

Property Details

Flooring

Wood

Construction

Asbestos Wood Frame

Outdoor Features

Porch

Parking

Carport

Heating

Electric (Heating)Forced Air

Cooling

Central Air

Appliances

Gas OvenGas CooktopRefrigeratorDishwasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 525 E 2nd Street is listed at $279,900 ($134/sqft). The estimated monthly payment is $1,497 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.27 acre lot. Interior Features: Master Downstairs.

This property is listed by Amanda Fulford.

AF

Amanda Fulford

License 304075

Agent at eXp Realty LLC

Listed by eXp Realty LLC · Broker phone: (888) 584-9431 · View on Broker Site · Broker website

MLS# 100598197· Source: Hive MLS· 70 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

525 E 2nd Street, Washington, NC 27889

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