About 1300 Railroad Street
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.
Features of 1300 Railroad Street
| MLS® # | 10127313 |
|---|---|
| Price | $85,900 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,179 |
| Acres | 0.11 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1300 Railroad Street |
|---|---|
| Subdivision | Not in a Subdivision |
| City | Henderson |
| County | Vance |
| State | NC |
| Zip Code | 27536-2747 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Floor Furnace |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| Stories | One |
| Has Basement | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Brick |
| Foundation | Brick/Mortar |
School Information
| Elementary | Vance - Pinkston Street |
|---|---|
| Middle | Vance - Vance County |
| High | Vance - Vance County |
Additional Information
| Date Listed | October 12th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Taylor Realty & Investment Grp |
|---|