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650 Marshall St, Henderson, NC, 27536

1beds
1baths
488sqft
$480,000
$984price/sqft
$3,571/moest. monthly cost
$142,840/yrincome needed

About This Home

Investor Opportunity - Rental Portfolio in Henderson, NC 7 single-family rental homes + 1 vacant lot located on Marshall Street: 621, 623 (lot), 631, 646, 647, 648, 650, 651 Full portfolio price: $480,000 Current gross rental income: $4,515/month Gross Cap Rate: ~11.3% Each home features a 1 bed / 1 bath layout with low-maintenance floor plans. Most tenants are long-term and willing to stay, providing immediate, stable cash flow. Opportunity to increase rents through light updates over time. Ideal for investors seeking consistent income and portfolio growth in an established rental market. Package can be divided.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
L B Yancey Elementary SchoolGrades PK-50.9 mi
3/10
Vance County Middle SchoolGrades 6-82.6 mi
1/10
Northern Vance High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: See Remarks
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 488

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 488
  • Total interior livable area: 488 sqft

Property

Details

  • Parcel number: 0091 06052
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 3,049 sqft

Parking

  • Parking features: Varies by Unit