Courtesy: Coldwell Banker Sea Coast Advantage - Washington
252-975-8010
OPEN FOR VIEWING SATURDAY JUNE 20, 1-3PM. OFFERS ACCEPTED THROUGH 5PM ON MONDAY JUNE 22. Investment opportunity in a desirable Washington location just blocks from downtown shopping, dining, waterfront amenities, and local attractions. This tenant-occupied duplex offers immediate rental income and a strong rental history. The property features two units: one 3-bedroom/2 bath unit and one 1-bedroom/1 bath unit. Both units are currently leased through February 2027 at $550 per month per unit, providing stable cash flow for investors. Sale is subject to tenants' rights and the terms of the existing leases. The property is located in a flood zone and both units would benefit from updates and improvements, offering potential for future value enhancement. Due to tenant occupancy, interior showings will be limited to a scheduled two-hour open inspection period for qualified buyers and investors. No individual showings will be available outside the designated viewing window. Conveniently located near downtown Washington, this property combines an established rental history, long-term tenants, and a sought-after location, making it an attractive addition to an investment portfolio.
Courtesy: Keller Williams Crystal Coast
252-515-7291
Fully renovated, historic 1930 duplex in the heart of Washington, NC--a turnkey opportunity for investors or owner-occupants just a pleasant 15-minute walk from the scenic downtown waterfront and Main Street. Taken down to the studs and thoughtfully restored, both units feature open-concept living, kitchen, and dining spaces, durable LVP flooring, screened rear porches, tile walk-in showers, dedicated tankless water heaters, a new metal roof, and brand-new HVAC systems. One side offers three bedrooms (all upstairs), two full baths, and an upstairs laundry nook; the other is a single-level plan with two bedrooms on the primary level, two full baths (one with the laundry area), and easy access to outdoor space. Move-in ready and designed to perform--limited modern hotel options in Washington make short-term rentals attractive; with typical Airbnb rates around $160-$200/night, each unit could generate conservatively $30,000 annually at 50% occupancy, providing strong income potential or the chance for an owner-occupant to live in one unit while the other covers expenses. BnB projections and comps available. Additional benefits include a detached shed and off-street parking. Situated near Washington's vibrant riverside scene with galleries, seasonal festivals, marinas, shops, and everyday conveniences--plus local legend Bill's Hot Dogs--this updated duplex blends smart renovation, reliable systems, and solid market appeal; schedule a showing before it's gone.
Washington is located in North Carolina. Washington, North Carolina has a population of 9,754. Washington is more family-centric than the surrounding county with 23.87% of the households containing married families with children. The county average for households married with children is 21.07%.
The median household income in Washington, North Carolina is $38,843. The median household income for the surrounding county is $51,894 compared to the national median of $69,021. The median age of people living in Washington is 46.3 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 49.6 inches per year, with 1.1 inches of snow per year.
