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647 Marshall Street, Henderson, NC 27536

Local realty services provided by:CENTURY 21 Total Real Estate Solutions
647 Marshall Street,Henderson, NC 27536
$64,000
  • 1 Beds
  • 1 Baths
  • 480 sq. ft.
  • Single family
  • Active
Listed by: charlese johnson
Office: choice residential real estate
MLS#:10146946
Source:RD

Price summary

  • Price:$64,000
  • Price per sq. ft.:$133.33

About this home

Investor Opportunity - Performing Rental Portfolio in Henderson, NC. Rare chance to acquire a cash-flowing residential portfolio located along Marshall Street. Purchase options available: 2-property package including 647 and 651 Marshall Street for $136,500 or full portfolio package consisting of 7 single-family rental homes plus 1 vacant lot. Full package addresses include 621, 623 (lot), 631, 646, 647, 648, 650, and 651 Marshall Street. Total package price $524,250. Gross cap rate over 10%. Each home features a 1 bedroom / 1 bathroom layout with kitchen and living room, offering efficient, low-maintenance floor plans ideal for long-term rentals. Most tenants are long-standing and willing to remain, providing immediate, stabilized income. Current gross rental income is $4,515 per month. Units at 631 and 646 have leases secured through June 2026; remaining units are occupied on month-to-month terms. Value-add opportunity exists to update units over time and increase rents. Ideal

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Home facts

  • Year built:1950
  • Listing ID #:10146946
  • Added:1 day(s) ago
  • Updated:February 17, 2026 at 05:56 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:480 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:480 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:Vance - Vance County
  • Middle school:Vance - Vance County
  • Elementary school:Vance - Rollins Annex

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$64,000
  • Price per sq. ft.:$133.33
  • Tax amount:$709
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