648 Marshall Street, Henderson, NC 27536
648 Marshall Street, Henderson, NC 27536
648 Marshall Street, Henderson, NC 27536
648 Marshall Street, Henderson, NC 27536
648 Marshall Street, Henderson, NC 27536
648 Marshall Street, Henderson, NC 27536
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Listed by Choice Residential Real Estate
$ 206,500
Est. payment | /mo

1 Bed

1 Bath

488 SqFt


Save
$ 206,500
Est. payment | /mo
Save

1 Bed

1 Bath

488 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 488 sqft

Price per Sqft $423

Subdivision Not In A Subdivision

MLS Listing ID 10146948

Style House

Bedrooms 1

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 488

Year Built 1950

Annual Tax Amount $893

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Source Triangle MLS

Property Description

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.

Location

State NC

County Vance

Direction Take 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.

Rooms

Other Rooms Primary Bedroom (Main)

Primary Bedroom Level Main

Interior

Heating See Remarks

Cooling Window Unit(s)

Flooring Tile, Wood

Exterior

View Y/N Yes

Roof Type Shingle

Garage No

Private Pool No

Building

Faces Take 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.

Foundation See Remarks

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Vance - E M Rollins Elementary School

Middle Schools Vance County Schools

High Schools Vance County Schools

Others

Senior Community No

Tax ID 0091 06053

Special Listing Condition Standard

Doorify MLS / Triangle MLS

Nearby Locations

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648 Marshall Street