Henderson, NC 27536 648 Marshall Street
$480,000
11 more
Presented By: Choice Residential Real Estate;
Beds • 1
Baths • 1
SQFT • 488
Home Details
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.
Presented By: Choice Residential Real Estate;
Interior Features for 648 Marshall Street
Bedrooms
Total Bedrooms1
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Above Grade Finished Area488
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area
Below Grade Finished Area Unit TypeSquare Feet
FlooringTile, Wood
General for 648 Marshall Street
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquare Feet
CityHenderson
Construction MaterialsVinyl Siding
CoolingWindow Unit(s)
CountyVance
DirectionsTake I-85 to Exit 39 (W. Andrews Ave). Turn right and proceed for approximately one mile. Turn right onto N. William St., continue for 0.5 miles, then turn left onto Arch Stand. Travel another 0.5 miles and turn left onto Marshall St.
Elementary SchoolVance - Rollins Annex
Full Baths1
Garage Y/NNo
HOANo
HeatingSee Remarks
High SchoolVance - Vance County
LevelsBi-Level, One
Living Area UnitsSquare Feet
Lot Size Square Feet3049.2
Lot Size UnitsSquare Feet
Main Lvl Beds: Yes/No1
Middle/Junior High SchoolVance - Vance County
New ConstructionNo
Ok to LeaseMonth To Month
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
RoomsPrimary Bedroom
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameNot in a Subdivision
Tax Annual Amount893.14
Total Rooms1
Year Built1950
Exterior for 648 Marshall Street
Building Area Total488
Foundation DetailsSee Remarks
Lot Size Acres0.07
Lot Size Area3049.2
Parking FeaturesVaries by Unit
Water SourcePublic
Additional Details
Price History
Schools
Middle School
Vance - Vance County Middle School
High School
Vance - Vance County High School
Elementary School
Vance - Rollins Annex Elementary School
Nina Gervase
Realtor