525 E 2nd St, Washington, NC 27889

**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.