Property
$5,0000.07 Acres
For Sale
For Sale
$5,0000.07 Acres
For Sale

623 Marshall Street, Henderson, NC 27536 - Vance County

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Property ID 26276880

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LAND - Henderson, NC

Description

Investor Opportunity - Performing Rental Portfolio in Henderson, NC. Rare chance to acquire a cash-flowing residential portfolio located along Marshall Street. Purchase options available: 3-property package including 621, 623 (vacant lot), and 631 Marshall Street offered at $167,300, or full portfolio package consisting of 7 single-family rental homes plus 1 vacant lot. Full package 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.

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Source:First Street
Listing provided by
Source: ListHub, MLS# 10145319
Listing status: Active
Listing last updated: February 17, 2026 at 12:35 PM
Listing last checked: February 18, 2026 at 4:30 AM
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