650 Marshall Street, Henderson, NC 27536 — 1 bd · 1 ba · 488 sqft — $207K
$207K

650 Marshall Street, Henderson, NC 27536

1 bd · 1 ba · 488 sqft
Beds1
Baths1
Sq Ft488
Lot0.07 ac
Year Built1950
TypeResidential Income
SubdivisionNot in a Subdivision
MLS #10145327
Investor Opportunity - Rental Portfolio in Henderson, NC 646 Marshall Street, 648 Marshall Street, & 650 Marshall Street are being offered together as a portfolio package for a combined purchase price of $206,500. Entire package available as well including: 7 single-family rental homes + 1 vacant lot located on Marshall Street: 621, 623 (lot), 631, 646, 647, 648, 650, 651. Full portfolio price: $495,000 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.
Listed by Charlese Johnson, Choice Residential Real Estate.
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