Active
1011 W Main Street
Williamston, NC 27892 · Martin County
$220,000
- 1 Fireplace
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About This Home
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
Property Details
Location
Directions to this home (opens in a new tab)Drive from this home
- Hospital ER ECU Health Bertie Hospital Windsor (directions from this home, opens in a new tab)
- Grocery Piggly Wiggly Williamston (directions from this home, opens in a new tab)
- Walmart / Target Walmart Supercenter Williamston (directions from this home, opens in a new tab)
- Commercial airport Pitt-Greenville Airport (PGV) Greenville (directions from this home, opens in a new tab)
Destinations verified Nov 1, 2026. Directions open in your maps app.
Interior & Exterior
Schools
Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.
Tax & Assessment
Monthly Costs
$1,458/mo estimated
Includes principal and interest, property tax and homeowners insurance, with 20% down at 7.24% for 30 years.
Adjust the numbers
- Principal and interest
- $1,199
- Tax bill per MLS (2025)
- $195
- Homeowners insurance (estimate)
- $64
- PMI (under 20% down)
- $0
- Estimated monthly
- $1,458
Tax is the bill the listing agent entered on the MLS; a sale can change the assessment. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.
Starts at 7.24%, the Freddie Mac PMMS 30-year fixed average for the week of Oct 29, 2026. An example, not a quote: enter your lender's rate.
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Active$224,500$97/sq ft4 bd · 2 ba · 2,325 sq ft · 0.48 ac2641 Ralph Taylor Road, Williamston, NC 27892Year Built: 1964
MLS# 100573569 · HIVE MLS via SourceRE · Last updated: September 30, 2026 at 12:02 AM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.