141 Cardinal Lane
Henderson, NC 27537Excellent opportunity to own a refreshed and income-producing 3 Bedroom, 2 Bath manufactured home on a spacious 0.9 acre lot. Offering 1,512 sq. ft. of living space, this home was built in 1999 and has been updated twice in recent years - most recently in February 2025. Upgrades include new LVP and vinyl flooring (2021), new carpet (Feb 2025), and a GE range (Dec 2022), ensuring modern appeal and reduced near-term maintenance costs. Currently tenant-occupied, the property provides immediate rental income and now achieves a 7.1% cap rate at the reduced price of $148,500. With current rents still below market value, investors will appreciate the upside potential for increased returns. Showings must be coordinated with the leasing office, and tenants require 48-hour notice. Available Monday through Friday between 10 AM and 4 PM. Additional financials available upon request - contact Jessica today for details or to schedule a showing. With steady cash flow, a prime 7.1% cap rate, and strong rental demand, this is a versatile investment or ownership opportunity in a growing market.
$148,500
3 bedrooms
2 full bathrooms
0.9 acres
1,512 square feet
$98 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Vinyl Siding
- Lot Size Acres 0.9
- Parking Features Driveway
- Structure Type Manufactured House
- Above Grade Finished Area 1,512
- Cooling Central Air
- Cooling Y/N Yes
- Flooring Vinyl, Carpet
- Heating Heat Pump
- Heating Y/N Yes
- Association Fee Frequency Annually
- Association Fee Includes Road Maintenance
- Association Y/N Yes
- Tax Annual Amount 981.88
- Water Source Well, Private
- Year Built 1999
Additional Property Information
- TypeManufactured On Land
- Built1999
- NeighborhoodKey Estates
- CountyVance
- AreaHenderson
- Elementary SchoolVance - New Hope
- Middle SchoolVance - Vance County
- High SchoolVance - Vance County
Listing courtesy of Taylor Realty & Investment Grp. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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