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
| MLS # | 100573569 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 101 |
| Listing Provided By | ENC Pirate Realty Belhaven-Howard Hanna Allen Tate | Kristy Conway |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,511 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R6 |
| Acreage | 0.44 |
| Property View | None |
| Interior Features | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Wall/Window Unit(s) |
| Fireplaces Total | 1 |
| Roof | Shingle, Flat |
|---|---|
| Foundation Details | Crawl Space |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Carport, Off Street, On Site |
| Tax Assessed Value | 217200 |
|---|---|
| Tax Book Number | 5776 |
| Tax Legal Description | Res and Ten 1011 W. Main Street |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Martin |
| City | Williamston |
| Zip Code | 27892 |
| Elementary School | Williamston Primary School |
| High School | Martin County HS |
| Listing VS Median (in 27892) | |
Price: $220,000 low | high Med: $217,450 sqft: 2,511 low | high Med: 1,944 $ / sqft: $88 low | high Med: $116 On site: 101 low | high Med: 65 | |
| State | NC |
|---|---|
| County | Martin |
| City | Williamston |
| Zip Code | 27892 |
| Elementary School | Williamston Primary School |
| High School | Martin County HS |
| Listing VS Median (in 27892) | |
Price: $220,000 low | high Med: $217,450 sqft: 2,511 low | high Med: 1,944 $ / sqft: $88 low | high Med: $116 On site: 101 low | high Med: 65 | |