$148,500

141 Cardinal Lane, Henderson, NC 27537

  • 3 beds |
  • 2 baths |
  • 1,512 sqft
  • Property Icon Manufactured Home
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon0.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Excellent 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.

Listing Status:
Active
Listing Office:
Taylor Realty & Investment Grp : 919-524-4152
Listing Agent:
Jessica Taylor Landes : 919-524-4152
MLS ID:
10128108
  • Flooring: CarpetLuxury VinylVinyl
  • A/C: Central Air
  • Heating: Heat Pump
  • Style: Ranch
  • Parking: Driveway
  • Roofing: Shingle
  • General: Vinyl Siding1BlockBrick/Mortar
  • HOA Amenities: Road MaintenanceAnnually
  • Originating MLS: AMLSNC_TRIANGLE
  • County: Vance
  • Zoning: 141 Cardinal Ln 0000 00 X 00 .9000365C01015
  • Water: PrivateWell
  • Sewer: Septic Tank
  • Source: AMLSNC_TRIANGLE

This listing courtesy of Jessica Taylor Landes, Taylor Realty & Investment Grp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

New Hope Elementary School

10199 NC 39 Hwy N, Henderson, NC, 27537

Grades PK-5

2.22 miles away

V

Vance County Middle School

293 Warrenton Rd, Henderson, NC, 27537

Grades 6-8

6.55 miles away

V

Vance Virtual Village Academy

1724 Graham Ave, Henderson, NC, 27536

Grades KG-12

7.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.