NC > Henderson > Not In A Subdivision
Henderson, NC 27536,1300 Railroad Street
Henderson, NC 27536,1300 Railroad Street
Henderson, NC 27536,1300 Railroad Street
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Jason Walters

Jason Walters

+1(252) 904-0357
Listed by Taylor Realty & Investment Grp
$ 85,900
Est. payment | /mo

3 Beds

1 Bath

1,179 SqFt

Save
$ 85,900
Est. payment | /mo
Save

3 Beds

1 Bath

1,179 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,179 sqft

Price per Sqft $72

Subdivision Not In A Subdivision

MLS Listing ID 10127313

Style Site Built

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,179

Year Built 1950

Annual Tax Amount $367

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source Triangle MLS

Property Description

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 for additional financials and showing availability.

Location

State NC

County Vance

Direction Take Capital Blvd North towards Henderson. Take exit NC39 toward Henderson. Turn Left left then turn Right onto N Garnett Street. Go 0.5 Miles take a slight right and turn on to Norlina Rd, turn right onto Railroad Rd, the property will be on your right.

Interior

Heating Floor Furnace

Cooling Window Unit(s)

Flooring Carpet, Vinyl

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Faces Take Capital Blvd North towards Henderson. Take exit NC39 toward Henderson. Turn Left left then turn Right onto N Garnett Street. Go 0.5 Miles take a slight right and turn on to Norlina Rd, turn right onto Railroad Rd, the property will be on your right.

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Vance - Pinkston Street

Middle Schools Vance - Vance County

High Schools Vance - Vance County

Others

Senior Community No

Tax ID 005101007

Special Listing Condition Standard

Doorify MLS / Triangle MLS
Jason Walters

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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