1300 Railroad Street, Henderson, NC 27536
$60,000
Property Type:
Residential Income
Bedrooms:
3
Baths:
1
Square Footage:
1,179
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$60,000
List Date:
10/12/2025
Last Modified:
2/04/2026
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.
More Information MLS# 10127313
Contract Information
Lease Term: Month To Month
For Sale or Lease: For Sale
Comp Sale YN: No
Years Owned: 10
Property Leased YN: Yes
Lease Expiration Date: 2025-10-12
Original MLS: Triangle MLS Inc
Location, Tax, and Legal
Lot Number: 1
Postal Code +4: 2747
Country: US
City Limits Of: Henderson
Elementary School: Vance - Pinkston Street
Middle Or Junior School: Vance - Vance County
High School: Vance - Vance County
City Limits YN: Yes
Restrictive Covenants YN: No
General Property Information
Number Of Buildings: 1
Above Grade Finished Area: 1179
Below Grade Finished Area: 0
Living Area: 1179
Total Unfinished Area: 0
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Association YN: No
Open Parking YN: Yes
Open Parking Spaces: 1
Basement YN: No
Sold Price/List Price: 0.81
Status Change Information
Status Change Timestamp: 2026-02-03
Contingency Date: 2025-12-18
Buyer Financing: Cash
Architectural Style
Ranch: 1
Construction Materials
Brick: 1
Cooling
Window Unit(s): 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Brick/Mortar: 1
Heating
Floor Furnace: 1
Levels
One: 1
Parking Features
Off Street: 1
Possession
Subject To Tenant Rights: 1
Road Responsibility
Public Maintained Road: 1
Roof
Shingle: 1
Sales Options
1031 Exchange: 1
Cash: 1
Conventional: 1
Sewer
Community Sewer: 1
Special Listing Conditions
Standard: 1
Structure Type
Site Built: 1
Subscriber Confirmation
Subscriber Created Text: Yes
Subscriber Took Photos: Yes
Water Source
Community Water: 1
Owner Pays
Insurance: 1
Management: 1
Pest Control: 1
Repairs: 1
Taxes: 1
Unit One
Actual Rent: 595
Baths Total: 1
Beds Total: 3
Furnished: Unfurnished
Levels: One
Unit Type: 3 Bedroom
Unit Two
Levels: One
Unit Three
Levels: One
Unit Four
Levels: One
Showing Requirements
Appointment Only: 1
Key In Office: 1
No Lockbox: 1
No Sign: 1
Occupied: 1
Restricted Hours: 1
Showing Advance Notice: 48
Showing Service: 1
Special Circumstances
No Special Circumstances: 1
Documents
Lead Based Paint Disclosure ›
Listing Office:
Taylor Realty & Investment Grp
Office Phone: 919-524-4152
Office Email: jessicataylorlandes@gmail.com
Last Updated: February - 04 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
