1300 Railroad Street, Henderson, NC 27536

Local realty services provided by:ERA Parrish Realty Legacy Group
1300 Railroad Street,Henderson, NC 27536
$74,500
  • 3 Beds
  • 1 Baths
  • 1,179 sq. ft.
  • Multi-family
  • Pending
Listed by: jessica taylor landes
Office: taylor realty & investment grp
MLS#:10127313
Source:RD

Price summary

  • Price:$74,500
  • Price per sq. ft.:$63.19

About this home

Huge Price Reduction! Now $85,900 with a 6.4% Cap Rate! Outstanding investment opportunity in Henderson! This 3 Bedroom, 1 Bath home has been tenant-occupied since 2010, offering over a decade of consistent rental history and proven cash flow. With the price reduced from $129,900 to just $85,900, the property now achieves a 6.4% cap rate, making it an attractive option for investors seeking steady returns at an affordable entry point. Currently generating $595/month on a month-to-month lease, this home provides immediate income with the flexibility to adjust rents or pursue value-add improvements to unlock additional upside. Offering 1,179 sq. ft. of living space, the property balances affordability with long-term potential, making it well-suited for both new and experienced investors. With reliable tenancy, strong rental demand, and a significantly improved cap rate at the new price, this property represents one of the best value opportunities in today's market. Contact Jessica today

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Home facts

  • Year built:1950
  • Listing ID #:10127313
  • Added:110 day(s) ago
  • Updated:January 24, 2026 at 08:33 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,179 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Floor Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:1,179 sq. ft.
  • Lot area:0.11 Acres

Schools

  • High school:Vance - Vance County
  • Middle school:Vance - Vance County
  • Elementary school:Vance - Pinkston Street

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$74,500
  • Price per sq. ft.:$63.19
  • Tax amount:$367
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