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$60,000
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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.
Full Property Details
Full Property Details for 1300 Railroad St
General
- Sold For: $60,000
- Taxes: $367
- Status: Closed
- Type: Single Family
- Source: 2218
- MLS ID: 10127313
- Added to Site: 121 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Off Street
Location
- County: Vance
- Subdivision: Not in a Subdivision
- Driving Directions: Take Capital Blvd North towards Henderson. Take exit NC39 toward Henderson. Turn Left left then turn Right onto N Garnett Street. Go 0.5 Miles take a slight right and turn on to Norlina Rd, turn right onto Railroad Rd, the property will be on your right.
- City Limits: Yes
School Information
- Elementary School: Vance - Pinkston Street
- Middle School: Vance - Vance County
- High School: Vance - Vance County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Floor Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Site Built
- Exterior Const.: Brick
- Roof: Shingle
- Building Size: 1179
- Square Feet: 1,179
- Finished Above Grnd: 1,179 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
Financial Considerations
- Tax Amount: $367.99
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 5101007
- Lot Number: 1
Listed by Taylor Realty & Investment Grp, Jessica Taylor Landes (919) 524-4152
Sold by The Ocean Group, Eva Angelina Romero Guzman
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Schools
Schools serving 1300 Railroad St
School District:Vance County Schools
| Name | Grades | Distance |
|---|---|---|
Pinkston Street Elementary School 855 Adams Street, Henderson, NC 27536 | PK-5 | 1.2 mi |
Vance County Middle School 293 Warrenton Road, Henderson, NC 27536 | 6-8 | 1 mi |
Northern Vance High School 925 Garrett Road, Henderson, NC 27537 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1300 Railroad St
Date
Details
Price
Change
Source
2/03/2026
Sold
$60,000
-19.46%
MLS
12/15/2025
Price Reduced
$74,500
-0.53%
MLS
11/11/2025
Price Reduced
$74,900
-12.81%
MLS
10/12/2025
Listed
$85,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1300 Railroad Street, Henderson, NC 27536 (MLS# 10127313) is a Single Family property that was sold at $60,000 on February 03, 2026. Want to learn more about 1300 Railroad Street? Do you have questions about finding other Single Family real estate for sale in Henderson? You can browse all Henderson real estate or contact a Coldwell Banker agent to request more information.

