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… Read More 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 for investors seeking stable cash flow, minimal vacancy risk, and portfolio growth in an established North Carolina rental market. Read Less
Courtesy of Choice Residential Real Estate, Charlese Johnson, 919-720-4991.
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
1
Full Baths
1
Square Ft.
484
Lot Size
0.09 Acres
Year Built
1950
MLS Number
10146952
Additional Details
Building
Building Area Total: 484, Building Area Units: Square Feet, Construction Materials: "Vinyl Siding", Living Area Units: Square Feet, Living Area: 484, Structure Type: "House", Year Built: 1950
Cooling
Cooling: "Window Unit(s)", Cooling Included
Floors
Flooring: "Tile", "Wood"
Foundation
Foundation Details: "See Remarks"
Heating
Heating: "See Remarks"
Lot
Lot Size Acres: 0.09, Lot Size Area: 3920.4, Lot Size Square Feet: 3920.4, Lot Size Units: Square Feet, Parcel Number: 0091 02006
Parking
Parking Features: Varies by Unit
Property
Property Sub Type: Single Family Residence
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 711.5
Utilities
Water Source: "Public"
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