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About This Home

This 1-bedroom, 1-bathroom single family at 650 Marshall Street in Henderson, NC is listed for $480,000 ($984 per sqft). Built in 1950, the home offers 488 sqft of living space on a 0.07 acres lot.

Agent Description

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.

Key Features

  • Built in 1950
  • 0.07 acre lot

Property Details

1 story
1 full
1950

Amenities

A/C

Monthly Cost Estimate

$2,567/mo

20% down · 6.5% · 30 years

Principal$347
Interest$2,080
Insurance$140

Estimates only. Actual payments may vary.

Location

650 Marshall Street

Henderson, NC 27536

Not in a Subdivision

Property Details

Flooring

WoodTile

Construction

Vinyl Siding

Cooling

Window Unit(s)

Questions & Answers

This 1-bedroom, 1-bathroom single family at 650 Marshall Street is listed at $480,000 ($984/sqft). The estimated monthly payment is $2,080 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.07 acre lot.

This property is listed by Charlese Johnson and can be reached at 4102418788 or charlesejrealestate@gmail.com.

CJ

Charlese Johnson

Agent at Choice Residential Real Estate

(410) 241-8788

Listed by Choice Residential Real Estate · View on Broker Site

MLS# 10146950· Source: listhub· Updated 104 days ago

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650 Marshall Street, Henderson, NC 27536

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