$74,500

1300 Railroad Street, Henderson, NC 27536

  • 3 beds |
  • 1 bath |
  • 1,179 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Pending
Date Added:
October 12, 2025 at 05:00AM
Listing Office:
Taylor Realty & Investment Grp : 919-524-4152
Listing Agent:
Jessica Taylor Landes : 919-524-4152
MLS ID:
10127313
  • Flooring: CarpetVinyl
  • A/C: Window Unit(s)
  • Heating: Floor Furnace
  • Parking: Off Street
  • Roofing: Shingle
  • General: BrickOneBrick/Mortar
  • Originating MLS: Triangle MLS
  • County: Vance
  • Zoning: 005101007
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Jessica Taylor Landes, Taylor Realty & Investment Grp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pinkston Street Elementary School

855 Adams St, Henderson, NC, 27536

Grades PK-5

1.25 miles away

V

Vance County Middle School

293 Warrenton Rd, Henderson, NC, 27537

Grades 6-8

1.03 miles away

A

Advance Academy

219 Charles St, Henderson, NC, 27536

Grades 6-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.