Bought with Taylor Realty & Investment Grp
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141 Cardinal Lane Henderson, NC 27537
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Key Details
Sold Price $129,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $85
Subdivision Key Estates
MLS Listing ID 10128108
Sold Date 12/15/25
Style Manufactured House
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Abv Grd Liv Area 1,512
Year Built 1999
Annual Tax Amount $981
Lot Size 0.900 Acres
Acres 0.9
Property Sub-Type Manufactured On Land
Source Triangle MLS
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.
Location
State NC
County Vance
Direction I-85 to Hwy 39 in Henderson. North on 39 to Williamsboro, turn right on Thomas Rd, left into Key Estates on Regina Lane, Left on Cardinal, then left into cul-de-sac. Home is at the very end of the cul-de-sac.
Interior
Heating Heat Pump
Cooling Central Air
Flooring Carpet, Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Private Pool No
Building
Faces I-85 to Hwy 39 in Henderson. North on 39 to Williamsboro, turn right on Thomas Rd, left into Key Estates on Regina Lane, Left on Cardinal, then left into cul-de-sac. Home is at the very end of the cul-de-sac.
Story 1
Foundation Block, Brick/Mortar
Sewer Septic Tank
Water Private, Well
Level or Stories 1
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Vance - New Hope
Middle Schools Vance - Vance County
High Schools Vance - Vance County
Others
HOA Fee Include Road Maintenance
Senior Community No
Tax ID 0365C01015
Special Listing Condition Standard
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