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Pending

525 E 2nd Street

Washington, NC 27889 · Beaufort County

$279,900

29 days on market · $134/sq ft

Was $289,000

  • 4 bd
  • 3 ba
  • 2,092 sq ft
  • 0.27 ac
  • built 1947
  • Price Reduced
  • Historic Built 1947

This home is under contract. Ask me about similar homes or backup offers.

About This Home

**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.

Price History

  1. Original list price$289,000
  2. Current list price$279,900Reduced by $9,100

Property Details

SubdivisionNot In Subdivision
TypeSingle Family Residence
Living Area2,092 sq ft
Full Baths3
Lot Size0.270 acres
Year Built1947
Total Rooms8
WaterfrontNo
Parcel42203

Location

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Destinations verified Nov 1, 2026. Directions open in your maps app.

Coastal county Building, additions and shoreline work here can need a CAMA permit and setbacks. Check the flood zone, an elevation certificate and an insurance quote before you make an offer. CAMA permits, from the NC Division of Coastal Management →

Interior & Exterior

FlooringWood
HeatingElectric, Forced Air
CoolingCentral Air
RoofShingle
ConstructionAsbestos, Wood Frame
AppliancesGas Oven, Gas Cooktop, Refrigerator, Dishwasher
ParkingGravel, On Site, Attached Carport

Interior Features

Master Downstairs

Schools

ElementaryEastern Elementary School
MiddleBeaufort
High SchoolBeaufort

Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.

Tax & Assessment

Assessed Value$272,573
Annual Tax$2,535 (2025)
Monthly Tax Est.$211/mo

Monthly Costs

$1,819/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
$1,526
Tax bill per MLS (2025)
$211
Homeowners insurance (estimate)
$82
Estimated monthly
$1,819

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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MLS# 100598197 · HIVE MLS via SourceRE · Last updated: October 27, 2026 at 12:35 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

Listing Details